groundswell All of the companies financial liabilities are...

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    groundswell

    All of the companies financial liabilities are listed in the table at page 17 of the latest MDA - see

    http://www.asx.com.au/asxpdf/20140812/pdf/42rf5vxnjhpxc3.pdf

    The biggest issue is the USD300m in borrowings, but they have cash of USD57m. Repayments are due to commence in the beginning of 2016 at the rate of about $58m at six monthly intervals.

    The high debt relative to the level of retained profits is what is keeping the share price down.

    loki
 
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