re: Ann: IBA Half-Year Results to 31 December... Either that or swap it for equity... sounded like they had some definate plans to "strengthen the balance sheet". Sounds like they would apply free cash flow to pay down as much debt as possible (i.e. read 'small dividend for FY09) and maybe some 'creative options' for the rest...
... also did you get the impression that there was optimism that something significant could be announced out of the Australian Federal Health system soon ??
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Ann: IBA Half-Year Results to 31 December 2008 an, page-12
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