In reality, you can se why this has not ben redeemed....woolies just issued at 3.25 percent.... Mxupa is not an awful lot higher than that... But, an onmarket buyback would seem to make sense if they didn't need the debt. I do wish the price was higher, as I have no plan to increase my holdings above the current 12.2%...but like ive said, who would day no to this type of hotels with such good capital gain potential.
I under stand that these are not currently worth par value, but I still can't se turk as being worth under 80 dollars.
MXU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held