20-03-2013, 03:55 PM
(20-03-2013, 03:47 PM)RBM Wrote: For the holders of Olam's equity shares that may be the case CityFarmer ............. but it certainly is NOT the case for Olam's bond holders. The prices of Olam's debt paper, particularly the longer tenor paper, are way down as compared to where they were before Muddy Waters made their pitch.
Vested - in Olam Perpetual Bonds
Is there a theory to explain that?
Is it due to differences in targeted investor groups?
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡