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Re: [sharechat] Brierley Capital Notes


From: Osbert Sun <osbert.sun@xtra.co.nz>
Date: Tue, 07 Dec 1999 09:46:10 +1300


Thanks Sarah! Your reply to my earlier question has been very helpful.

Regards
Osbert

Sarah Corkill wrote:

> 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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