re: Ann: Appendix 4D and Half Year Financial ... the losses have...

re: Ann: Appendix 4D and Half Year Financial ... the losses have been because they hedged their interest debts. If interest rates rise again their nta becomes positive again becaue the mark to market puts them in the money. If CS agree to extend the debt then when interest rates rise and hopefully no large defaults then they will ba able to liquidate their debts and collect the cash. At current prices they could easily clear say 10c so you make a huge return.

I bought rhg at 6.3 c and now its 25c.

If CS support you will make 10x otherwise nil