The most important part in today's financial climate, the 'D' word, only $91 million in debt.
With an NPAT of $188.5m in the Sept qtr, IMO this shouldn't b a showstopper for any M&A activity, as this could b paid of on its own in the nxt 3-6 months by the company.
Compare this $91m debt with bigger players who are in the red across, all the other sectors & u'll get the message, that its not that bad a company after all to take-over. You have revenue generating assets, so things do add up for FLX.
Cheers
FLX Price at posting:
$9.17 Sentiment: Buy Disclosure: Held
