Tuesday, June 28, 2005

Position opened in Sydney Gas

Primer on my investment outlook

Bought 12% SGLG.AX 2006 Conv FV 0.60
@ 0.55

Again, the wonderful world of illiquid convertibles in Australia. During the recent weeks market decline, the Convertible declined as well. The Conv is due in 10 months. And it looks like a good return on investment.


Post a Comment

<< Home