Why? I wonder sometimes if certain people on hotcopter have any understanding of debt and how it enhances returns to equity. Please go and invest in ungeared mining and biotech speccys, that's where you'll find your capital raising extravaganzas.
Long term contracts, stable industries... Debt at record low rates.. Yeah I'll take spotless taking on some more debt during their integration issues so they can continue paying dividends out to equity.
If you're going to chuck out "debt riddled" and "cap raising" then please put some numbers on the table to support it
Ann: Retention of Laundries business-SPO.AX, page-9
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