It should be a good result for shareholders. When Alex Underwood got involved with the company it was always his intention to reign in the debt.
I think it currently has about 26 million in debt. WE have been hearing for quite some time now that there have been discussions going on in relation to selling off some of their assets in the U.S.
From todays announcement we can assume that this has now taken place.
Now we wait for the details as to how much they got. We should know tomorrow.
Ann: Pause in Trading, page-9
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