Placement is a bit unexpected but hopefully the price is reasonable....
I assume this will be used to pay down debt which seems surprising given the US deal is almost settled and the company told me this morning that the 100mill+ Uk vouchers deal should be settled before 30 June!
Any thoughts as too who is taking this up????
1.35 is still crazy price for the assets this company holds so any placement under this would be a tad disapointing.
ABS
a.b.c. learning centres limited
