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17,233 Posts.
954
20/12/07
23:08
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thats right......as it was before the carnage
however they will need to sell off i think
reduces the debt, also reduces the equity and the assets
they have 26bln in assets
LVR of 65%
So 9bln in equity
In a nutshell sell off 35% of assets
or 9bln worth
leaves 40% on those sales or 3.6bln to pay off the debt
assets then $17bln
equity around $6bln
SP currently $1.30
MC around 1 billion....with 6bln equity
lol...........i need to buy more
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