So they say.. I’d be doubtful that those sales would buy much time given they sold 30mill of HME to leaseback. I hope I’m wrong but I’ve lost faith in management given the huge dividends paid, capital raising and now things resembling a fire sale.
All that said, there’s still big upside if they can ride this period and last years loss was largely paper from what I understand since EBIT was about 50mill.
Hope someone with a better understanding can shed some light on it anyway.
Cheers
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