Can't go broke making a profit which they are now doing.
Though debt levels are of concern rightly so the company is attempting to do something about this now.
It would be nice to see them issue correct facts in announcements. The cnotes total $1,650,000 of which $1,300,000 is due on 1 July 2009, with the other $350,000 being due 31 October 2009.
The additional $300,000 unsecured loan I assume is due to the NS failed acquisitions.
Cheers
Clever1
WRR Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
