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RE: [sharechat] Brierley Capital Notes


From: Sarah Corkill <Sarah.Corkill@directbroking.co.nz>
Date: Tue, 7 Dec 1999 09:27:47 +1300


Hi Osbert,

BFL200 is listed and has been trading on the debt board of the NZSE for
several weeks now.

Debt securities are priced differently from equity stocks.  Your 13,000 BRY
was brought back by the company at 55 cps.  13,000 X 0.55cps = $7,150 face
value of BFL200.

Hope this makes it alittle clearer.

Kind regards,

Sarah Corkill
Direct Broking



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