Read today in The West Australian and the AFR they both think AWC is very likely to have a capital raising in the next few months to strengthen the balance sheet the AFR says they are cashflow -ve at the moment and they need to payback 200m of debt in the next couple of years.
Probaly explains the SP slide last few days not including the last few months.
capital raising?
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)