ABS a.b.c. learning centres limited

bad news if true, page-7

  1. 884 Posts.

    From page 11 half yearly report

    "ABC has also fully hedged the Reset Convertible Notes for a period of 3 years to December 2010"


    perhaps michael west should learn to read before posting this s hit.


    i must have missed how abc came so "periously" close to breaching its debt covenants, considering they are linked to abc's balance sheet which is published every 6 months.
 
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