SRS 0.00% 7.1¢ spicers limited

failing to engage, page-4

  1. 1,085 Posts.
    lightbulb Created with Sketch. 101
    Found the announcement clear as mud. The table on the second page includes a table which states Repayment of Debt and transaction costs of Euro 32m and US$38m respectively for sale of the italian and US assets. It also claims a further repayment of debt of A$23m from the net proceeds of the sale of A$93m. Does not give a figure for total debt reduction. Any idea what that might be. I hope they have not paid extravagant transaction costs for the two sales which they are trying to hide.
 
watchlist Created with Sketch. Add SRS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.