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Yes, I don't think capital raisings are the only game in town....

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Bearwolf

178 Posts.

24

30/07/18

20:46

Post #: 34632906
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Originally posted by Reillyblue ↑

could do. Could also look at merger as well with some sort of share swap. I think it'll depend on how quickly it can turn these businesses into profit. You don't want the debt without the capacity to pay it off.
To be fair to the company they have been pretty upfront about what their intentions were. It has been investors and posters that got ahead of themselves. "Laura will turn this into another blackmores, Laura has contacts in china and LON will do infant formula and be another BUB"
They have done exactly what they said they will so there is no reason to expect they will change.

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Yes, I don't think capital raisings are the only game in town. Time will tell. Hopefully the results will shed some more light on things. Today's AFR article does seem to suggest they already have another acquisition in mind.

LON Price at posting: 61.5¢ Sentiment: Hold Disclosure: Held
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