BPC burns, philp & company limited

I was debating this scenario yesterday. Apparently they are...

  1. mozz18
    10,978 Posts.
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    10/09/04
    11:39
    Post #: 575945
    I was debating this scenario yesterday. Apparently they are simply paying off 90mill of mature debt which is probably at interest rates which are not favourable to the company. DOn't forget that GMF was bought when interest was as low as you can get, so probably locked into good rates.
    BPC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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