"if Stella is sold for $700 mil and the Stella debt is $1.3 bil(according to the 07 annual report)"
DOn't you guys read balance sheets and ASX releases?
Stella debt is NOT..I repeat NOT $1.3b.
Stella debt is $803m
For goodness sake...if you are going to post on this forum, at least get your facts right. Last week we had plasmod posting that MFS debt was $3.4b because he couldn't use a calculator correctly, and now I read this rubbish...just 5 days after MFS disclosed their entire debt to the market in an ASX release.
I don't mind people having different views...bearish, bullish or whatever bur for heaven's sake....check your FACTS.
As for the sale of STella, the terms of the sale (i.e: excluding or including debt) would be specified in the sale announcement.
Coop
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