what is truly sad is:
post the "divestments", and repayment of 112m over the coming 12 months .........
they still cant pay the interest bill (on current day rates / ulitisation rates) ........
so - "why" hasn't the company done the bleedingly obvious thing......
raise 100-150m. and buy the company 18-24 months so that it may ride out the cycle ...............
it is OBVIOUS .....that management are working for the banks .................
merger with a reasonably financed competitor is just abt the only soln (imho) ........
vultures will circle the remains (imho)
rgds
V_H
Ann: 2017 Half Year Results Investor Presentation, page-6
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
