Aio have the same assets they had when they were $12 a share They have higher ebit than when the shares were $12 They have the same debt as when the shares were $12 They have a year before the debt needs to be renegoiated Interest rates will be half what they were when the shares were $12
In summary they need to create lender confidence over the next 12 months To achieve that they are seeking to sell assets early to reduce debt early
No annoucements yet - they are holding out for good prices maybe So far I have topped up twice at 80c or below Does anyone know something I don't???
AIO Price at posting:
55.6¢ Sentiment: LT Buy Disclosure: Held