NLG
Click for more information
0.00% 0.4¢ national leisure & gaming limited

Finch2I agree "Reducing the debt level maybe more appealing to a...

  1. YISITSO
    424 Posts.
    clock Created with Sketch.
    31/08/10
    10:22
    Post #: 7082100
    Finch2
    I agree "Reducing the debt level maybe more appealing to a suitor". However, a bank does not "forgive" a debt to make a more appealing takeover target. Debt forgiveness is another term for writing off a loan in the books of the bank - ie a hit to the bottom line. My question still remains - why did they do it???
    NLG Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

RMS High-grade Gold and Copper findings drive excitement at Red Mountain’s Flicka Lake
right-arrow Created with Sketch.
NEWS Things finally 'looking different' for up-and-down Hot Stock tip Stockland
right-arrow Created with Sketch.
watchlist Created with Sketch. Add NLG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.