Hi Blackeyed. Thanks for your reply. I'm online for a short time so have been able to catch up (briefly) with the threads. Your post (21/1/2016) was well put & I agree with you. It looks like panic selling triggered by analyst comments, though I can understand people doing that because of the uncertainty. Taking the loss & foregoing future yield rather than holding onto them, receive the yield & hope that they redeem on the first call date rather than let them go on forever without being able to sell them on-market. Seems to me like being stuck between a rock & a hard place atm. Always happens when I'm away. (trying to) lol.
Cheers
smbtrade
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.