Great find. Thank you.
Sounds like that they will be redeeming the notes. I am quite pleased if it happens, because once it’s done, they can’t spend money they don’t have. Agree that if they plan on doing it, a market announcement would have been nice; would imagine price sensitive too. The fact there has been no announcement makes me worry the final decision has not been made. Not much longer to go till 10th of May though.
In the last few days the offer for IDX has lapsed, Credit Suisse have been positive and now possible notes redemption. The market seems to be responding positively with great cross trades today and a bit of green in the SP. Hopefully some of these shoots continue to firm up and grow.
Ann: IDX: Lapse of Capitol Health Bid, page-35
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