As I said yesterday, had to buy Supergroup shares and so I did💪🏼👌🏽
I've added $SPG to my investments on @EasyEquities! Join me and 2 million other investors https://t.co/kbOPZRy8Fb #equities#property#crypto#managed#DIY#ETFs
Bought Purple Group shares this afternoon. Keep on stacking those assets💰
I've added $PPE to my investments on @EasyEquities! Join me and 2 million other investors https://t.co/kbOPZRy8Fb #equities#property#crypto#managed#DIY#ETFs
So for all the Sibanye Shareholders, I asked Google's Bard AI to explain a senior unsecured guaranteed convertible bond offering like you are in Grade R - This is a simple explanation below for anyone to comprehend :
Bard AI:
Imagine you're a kid running a lemonade stand. You need money to buy more lemons and sugar to make more lemonade, so you ask your parents for a loan. They agree to lend you the money, but they want something in return. They say that for every cup of lemonade you sell, you have to give them one cup. This is like a junior secured bond.
Now, let's say you're a little bit older and your lemonade stand is doing really well. You want to expand your business and buy a bigger cooler and more chairs. This time, you ask your grandparents for a loan. They agree to lend you the money, but they want something different in return. They say that if your lemonade stand makes enough money, you have the option to exchange the loan for a part of your lemonade stand. This is like a senior unsecured convertible bond.
In a senior unsecured convertible bond offering, a company is like the kid running the lemonade stand. The company needs money to grow its business, so it offers to sell bonds to investors. These bonds are like the loans from the parents and grandparents. The bonds pay interest to the investors, and they also have the option to exchange the bonds for shares of the company's stock. This is like the option to exchange the loan for a part of the lemonade stand.
The term "senior" means that the bondholders have priority over other creditors of the company. This means that if the company goes bankrupt, the bondholders will be paid back before any other creditors. The term "unsecured" means that the bonds are not backed by any collateral, such as real estate or equipment. This means that the bondholders have a higher risk of not being repaid if the company goes bankrupt. The term "convertible" means that the bondholders have the option to exchange their bonds for shares of the company's stock. This is a riskier investment, but it also has the potential for higher returns if the company's stock price goes up.
So, a senior unsecured guaranteed convertible bond offering is a way for a company to raise money from investors by offering them a bond that pays interest and has the option to be exchanged for shares of the company's stock.
@CharlesHSavage@EasyEquities Our CEO! Listened to your interview with Alec Hogg on BizNews, and indeed shareholders who will wholeheartedly believe in EasyEquities will stay the course and hopefully see the light at the end of the tunnel👌🏽
African Rainbow Capital Investments Limited will undergo a rights offer.
In short, a rights offer is when a company raises capital via issuing additional shares at a ratio to its existing shareholders.
$AIL @EasyEquities#JSE
#Netcare saw its share price firm over 4% on Monday, after it reported a robust set of annual results with headline earnings and dividends up by double-digits.
#Moneyweb#NetcareShares
https://t.co/CXaVRQqY9j