RCR rincon resources limited

Ann: Successful Completion of Institutional Entitlement Offer, page-17

  1. 20,800 Posts.
    lightbulb Created with Sketch. 4529
    As @Nightmarez3k declared it: “the profitless boom”
    From the last link above :
    ... “Flagging that issues may be more widespread in a sector beset by razor-thin margins, Mr MCann said Lendlease was “working closely” with state government agencies and industry bodies on a “more balanced allocation of risk on major projects within the Australian engineering sector”..

    Maybe government should be stumping up some low interest loans to Australian companies to cover them until debts get paid instead of squeezing them on the infrastructure projects until they go bankrupt if they are little or end up like Lendlease if big .
    Last edited by sabine: 19/11/18
 
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