XAO 0.33% 8,661.2 all ordinaries

Short Term Trading Week Starting: 18 Mar, page-79

  1. 4,839 Posts.
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    Hi roberter1

    I don't follow AJQ and I have never heard of an amortising note but the word which sticks out to me is 'secured'. Against what? My guess... it is the company and all of its assets [given the MC vs the finance amount]. Con notes are a well known company killer... sent many into oblivion... and the last resource for the desperate.... so a positive to get out of that. But my next question [if I was an investor rather than a trader] is... who owns the company providing the finance? Are there any related parties involved.... i.e. is everything transparent?

    However, as a trade AJQ has responded well.
 
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