The issues with Bendigo's issue

Bendigo bank’s new share offer is highly complex … and doesn’t yield as much as its ordinary shares.

PORTFOLIO POINT: Ordinary shareholders in Bendigo and Adelaide Bank get a better yield, and have more upside potential, than those who take up the bank’s new convertible preference share offer.

I hope that I will not embarrass any of my fund manager peers by stating that I do not believe that any professional equity manager helped design the terms for the new Bendigo and Adelaide convertible preference share offer. 

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles