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0.00% 1.2¢ vector resources limited

What's the point of using a non standard face value then?...

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  1. binwood
    7,151 Posts.
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    07/03/19
    11:48
    Post #: 37683527
    What's the point of using a non standard face value then? Wouldn't issuing 4,750,000 at $1 under your premise be more logical?

    This is an example http://financeformulas.net/Zero_Coupon_Bond_Value.html

    Zero coupon doesn't mean no interest, it just means that it's basically capitalised until maturity.
    VEC Price at posting: 1.7¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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