Agree.
And to update my post, just read the placement notice:
* Appears the $138 million is due in the next 12 months (maybe crossed the line recently);
* After the $300 million placement they have over $1.1 billion in cash and undrawn credit lines;
* Debt to assets now 30%.
Mundeen, I hope you don't do all your investing based on "friends in accounts departments". Would hate to see what they recommend as buys.
MJS
mirvac is next cnp, page-3
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
