Found the announcement clear as mud. The table on the second page includes a table which states Repayment of Debt and transaction costs of Euro 32m and US$38m respectively for sale of the italian and US assets. It also claims a further repayment of debt of A$23m from the net proceeds of the sale of A$93m. Does not give a figure for total debt reduction. Any idea what that might be. I hope they have not paid extravagant transaction costs for the two sales which they are trying to hide.
- Forums
- ASX - By Stock
- SRS
- failing to engage
failing to engage, page-4
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online