re: Ann: CAPITAL RAISING TRANSACTION DOCUMENT... Solvency looks to be now guaranteed for this company. $62.8m net debt, and a $50m capital raising- not too bad given the current climate.
It will be interesting to read the prospectus, and see exactly how the funds will be used, and check out the pro-forma details. I don't know if this is up to date- so not to be relied on- but here is a debt to equity graph with comparable companies on the ASX:
http://www.macroaxis.com/invest/ratio/FFF.AX--Debt_to_Equity
I hope FFF decides to smash debt, not only the CBA/senior debt, but also the debt to Wales. The Wales debt always made me feel uncomfortable.
Holders' thoughts, please? finch, I know you're in this one. What do you reckon?
re: Ann: CAPITAL RAISING TRANSACTION DOCUMENT... Solvency looks...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
