Bionic, there is o% chance that IIF will have no debt any time soon as you say earlier - They have no chance of eliminating all their debt soon and they are indeed in a tight squeeze . The best you can hope for is a comfortable buffer to the leverage ratios . I understand that you would love a trade profit but the announcement yesterday is only a progressive installment in a process of debt reduction and keeping financiers from the door . To compare with Centro is not relevent - the banks already own Centro . It is still a possibility at IIF imo .
IIF Price at posting:
16.7¢ Sentiment: Hold Disclosure: Held