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14.5¢ hills limited

You might live to regret such a post West Coast.

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bensterz

1,782 Posts.

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30/01/16

13:57

Post #: 16903449
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Originally posted by West Coast ↑

For the record I had a sell rating on DSH for the last 5 or 6 weeks. I also encouraged others to sell.

Hil and DSH are totally different companies and not in the same situation. DSH owes $400 mil, Hill has total $100mil owed to suppliers including debt(based on the current historical). All these companies relying on suppliers owe them large sums at any one time. This is a normal situation.

DSH owes 75% more. an extra $300 million.

The debt restructure is an undrawn facility not a current debt.

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You might live to regret such a post West Coast.

HIL Price at posting: 21.5¢ Sentiment: None Disclosure: Not Held
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