AKG 0.00% 13.5¢ academies australasia group limited

It's now May, so AKG has just under 2 months to repay $4m of...

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  1. 67 Posts.
    It's now May, so AKG has just under 2 months to repay $4m of debt that is falling due on June 30.

    We should get an early indication of how the business is tracking based on what happens now until then.

    If they do a rights issue, or sell some RDH, the difference between what they raise and $4m should be a good indication of their 2H17 free cash flow.

    If there is no raising or sale, this thing is gushing cash.
 
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