The company has no choice. It must sell its non core business in Australia because of its massive debts. Let's think about a retailer who has no stocks to sell. It's liquidating.
If it stays as is. It must rise capitals. The most hated decision to pay down debts but not for growths.
The business models in Australia are BAD when you think about Program Maintenance. They support PRG because it could generate revenues over times rather than the company's optimism about Australia labour job figures.
I think I will do nothing until I hear something. It's time to maintain capital.
EPW Price at posting:
88.5¢ Sentiment: Buy Disclosure: Held