DDR dicker data limited

Ann: Change of Director's Interest Notice , page-13

  1. 2,506 Posts.
    lightbulb Created with Sketch. 58
    "He plans to pay the debt down with a cap raising at a higher price. Said it would be second half calendar year"

    That's what Babcock and Brown and all the other pre GFC high fliers said as well. Use debt first, raise equity later after the price rise. It works a treat when the market is hot, not so good if the markets are getting hammered and you can't raise equity and the bank is due.

    Anyway so far so good for Dicker
 
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