KZL 0.00% 12.0¢ kagara ltd

update out, page-3

  1. 336 Posts.
    I don't have good feelings about this ann.

    "... to acquire approximately A$8 million of hire purchase equipment owned by the ANZ..."

    Did they really buy equipment???
    I can't believe the hiring was so expensive that it makes sense to buy it now. The only paranoid reason I can see is that the admin will have something to sell during liquidations.

    3m for the admin process...

    Can anyone see this otherwise than more debt.
 
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