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0.00% 17.0¢ isoft group limited

re: Ann: iSOFT Share Purchase Plan and Divide... I am curious as...

  1. kingcarmelo
    1,504 Posts.
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    06/09/09
    21:45
    Post #: 5604937
    re: Ann: iSOFT Share Purchase Plan and Divide... I am curious as to why ISF are raising more capital. Maybe to pay down more debt, ISF currently have around $128m in net debt.I hope this raising is for acquisition purposes but I doubt it. I get the feeling ISF is going to announce a big contract with NZ or AUS, you would think they would be the favorites for the contracts anyway.
    ISF Price at posting: 85.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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