ABS a.b.c. learning centres limited

debt situation

  1. 249 Posts.
    hi everybody

    After reading the recent posts... i'm still confused about the debt situation of this company.

    ok its about $1.4b and htey intend to realise some $900m, but not all will be ear marked to reduce this debt...

    how much of it will be than?

    any comments on how exactly are they de leveraging the business? and what it would look like once its done.

    also seperately with respect to profits, they made $37m in first half of 08 financial.. are they expected to also match this in the second half?
 
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