BPP babylon pump & power limited

Taking on huge amounts of debt to fund acquisitions is generally...

  1. 820 Posts.
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    Taking on huge amounts of debt to fund acquisitions is generally not a good idea, let alone in the cyclical mining industry.

    Good luck to them.

    I'd thought they'd try to get some runs on the board with their existing businesses before doing these acquisitions. Still struggling for free cashflow.
 
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