A1N 2.80% 69.5¢ arn media limited

Ann: ARN Media acquires equity interest in Southern Cross Media, page-19

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  1. 1,565 Posts.
    lightbulb Created with Sketch. 627
    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.
    Last edited by MikesLM: 23/06/23
 
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