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Tuesday, April 02, 2019 12:56:17 PM
The CEO bought €1bn worth of bonds a few years back and has been negotiating with ING for their redemption.
When he gets these ones sorted out what do you think the share price should be just based on cash in the bank?
I believe he bought those bonds about 6 or 8 years ago. I think as I’m doing this from memory. Those bonds are also meant to pay 5% interest a year!
My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.
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