Nowhere did I say we don't have debt. We do.
What I'm saying is that cash sitting on balance sheet from the Soprano sale will fund this acquisition - which I am not 100% cool about either without the benefit of hindsight.
We probably don't need to go out and seek an additional loan is what I mean - and that's what you raised in your previous post and I am saying we probably won't on this basis.
Ann: ARN Media acquires equity interest in Southern Cross Media, page-19
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72.5¢ |
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Mkt cap ! $226.9M | |||
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