IMS 0.00% 69.0¢ impelus limited

Ann: Trading Halt, page-6

  1. 8,751 Posts.
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    I sold out at 2.25c, as I could not see how they could repay their debt with the DCB business now apparently dead. The marketing side of the business is covering the corporate expenses but in my opinion it would not generate enough profit to pay off the debt.

    A CR that pays off a large chunk of the debt will give them a chance to survive.
 
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