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Attack of the NBN zealots

Diehard fibre fans aren't NBN Co's only problem. The company's fate is being written by economic zealots that need to be put back in the box.

10 Oct 2014
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DataRoom AM: Glencore eyes ASX

Talk of a secondary listing for Glencore on the ASX suggests a push to merge with Rio Tinto is still on the cards, while it's crunch time for PanAust's board as they weigh an offer from a state-owned Chinese conglomerate.

10 Oct 2014
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Call date and final maturity date- beware of the price cliff

We think it is important to understand call / conversion dates relative to final maturity dates when analysing ASX listed hybrids. The difference between these dates creates price cliffs that investors need to be aware of. If secondary market credit spreads widen relative to the contracted coupon credit margin from an issuer, investors will stop pricing to the call/conversion...

10 Oct 2014
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