Shann17 what are the rumours, ost of it is true. Thats why the company is where it is now. There's a common theme with ASC, CNP, MFS, if you're highly geared and have grown quickly especially in the US over the last couple of years, then you're in trouble. Too many examples now for coincidence.
Anyone know of any other highly geared companies in Australia that have grown quickly in the US over the last couple of years? A good bet for a short.
ABS
a.b.c. learning centres limited
bad news if true, page-12
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