sydneyr
Nope. Since the day I concluded ( as a WTG shareholder) that there was $200m EBIT in QPP PSD , now SGS,
( and we havent seen any of it yet) I have been confident that the banks would want to see it , that $200m -$250M cash flow is within 14 months and that the balance of probability was bank support ( unless their own ratios were so bad that they had to call in loans.....and there is no evidence that that was the case) .
That is not to say rampant success and growth are ahead, but there is still a bunny in that hat and you never know.
August bunny?
Mel
Ann: SGH Successfully Agrees Bank Facility Amendments-SGH.AX, page-63
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