There is the real issue that the business may not survive. Debt at $30m hasn't moved over the last 2 or so years. Revenue is still spiraling, down another 20% in the first half compared with the pcp and profits dwindling. If they couldn't pay down any debt in the last 2 or so years, how are they going to pay it down in the future with even less money coming through the door going forward?
Ann: Isentia Half Year Results and Investor Presentation, page-2
Add to My Watchlist
What is My Watchlist?