I bet they will announce at the end of the day...leave us all frozen until next week...
Here is my guess on news..(its just a guess).
- I think the re-stating of results would be shockers
- I think they will announce restructuring of debt
- I think they will at least hint/consider getting out of everything outside AUST. (reduce debt)
- I think they MIGHT consider some reassessment of centres, possibly getting out of ones not providing the preferred returns.
- I think perhaps they will look to stabilise , and then maybe try to do some capital raising to help reduce debt.
MY BIG QUESTION...Where did all the MS sale money (US) and UK Money go...? ..that was a lot of $$$, and as far as the numbers went that should have eaten a chunk out of the 1.5bil...if they still owe 1.5bil, then this ship wasn't just sinking, ....the ship didn't exist !!
ABS
a.b.c. learning centres limited