ALS alesco corporation limited

what do you think?, page-3

  1. 142 Posts.
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    I see tonight's announcement as positive for the sp. The stock sell-down leading up to today suggests the market was concerned about debt levels (as well as falling profits), leading to a cap raise which at the moment is a bad bad thing. Reducing debt by forgoing divs is a prudent action without share dilution and backing up their profit forecasts is a good thing. Some holders will want to get out due to the reduced(?) yield. Me thinks.
 
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Currently unlisted public company.

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