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30/03/11
10:09
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The facts in this article are a little bit distorted. Even if iSoft were sold for $300 mil, it would be at least 9c ps
Firstly, the borrowing seems to be 203,293 mil and not 260 million. The difference is 60 mil.
As at 31 December 2010
$'000
Senior secured borrowings - 161,592
Contract funding - 7,724
Convertible notes payable - 33,682
Other borrowings - 156
Finance lease liability -139
Total - 203,293
Secondly, Maple-Brown Abbott sold ISF shares a half year ago.
Major shareholders:
OCP holds over 260 mil shares
BlackRock Investment Management (Australia): 65,164,129 - 6.20%
RJL Investments Pty Ltd: 212,270,019 - 19.90%
Orbis Group: 74,672,299 - 7.20%
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