ALD
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0.43% $27.80 ampol limited

new year, new debt restructure, page-8

  1. zog
    1,218 Posts.
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    25/01/12
    18:11
    Post #: 9598718
    From the quarterly report an interesting deduction is:

    current cash @ bank = $21M
    Gold loan - $80m
    Debts - $55m
    Balance = $25m

    Deduction is that without the gold loan ALD would have -4m cash at bank (i.e they needed the gold loan to keep going)
    ALD Price at posting: $2.26 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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