AZZ 0.00% $7.50 antares energy limited

Hi LOTM One quick question - They are going to pay off Mac Bank...

  1. 71 Posts.
    Hi LOTM

    One quick question -

    They are going to pay off Mac Bank loan and will still be left with 100Mill + 10M per annum income. I thought that it is a good outcome as they still have decent area (NS etc) to sell. Yes - could have been better but with oil prices coming down, I thought that it is not a bad deal.

    Since there are other buyers looking at the books etc, why so much of negative talk?
 
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