A few weeks ago, I
discussed IBI Group's debt as a potentially attractive risk/reward. Unfortunately, the company has since issued a very ugly quarterly report that has resulted in IBI's debentures falling to less than 40 cents on the dollar.
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1 comment:
Hi Barel,
I believe the debbentures are convertible to shares at the company's will at maturity?
And it looks like I can't find a broker to buy this outside Canada.
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