I always try to give credit where it is due, plus im just an opportunistic trader, and over the months i have learned a few things here on the SGH threads.
Without trying to put a dampener on today, your 200 mil cashflow forcast is still looking a bit wobbly imo, because if it was coming there would be no need for talk of dilution, so they can afford a 55% cash payment but need the rest for working capital, allowing for room for restructure and advertising i presume.
That Houghton is pretty good imo, and now its time for AG and the Lawyers to prove themselves imo.
Otherwise very well done, especially over the last month or so, you all desevere a break and it looks like you've been given one, so enjoy the smell of the remaining bears blistering in the sun.!
Also the lending syndicate should be given praise imo.
Best Wishes All
