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Ann: Senior Secured Notes Update, page-6

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Profitseeker

564 Posts.

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04/11/17

12:27

Post #: 28498581
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Originally posted by CjsfromNSW ↑

In my experience lenders do not loosen requirements when a business is digging an even deeper hole, they tend to put even tighter restrictions upon the entity.

Therefore I regard the reductions - two since May as positive and an indication that the business is recovering.

Comes back to whether you are a glass half full person or a glass half empty - I am the former.

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Hope you are right. We will find out with the release of the accounts.

QIN Price at posting: 29.5¢ Sentiment: None Disclosure: Held
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