WES 0.99% $66.85 wesfarmers limited

is $20 billion too much debt?

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    Is the $20 billion Wesfarmers will carry into 2009 too much to:
    (a) avoid raising capital in the new year?
    (b) allow the company to make the big johnnies req'd to chew into it?
    (c) pay a dividend to shareholders?

    Big queues at Coles and Bunnings in Canberra today but I didn't see anyone pull out million dollars notes.....is this debt simply too high for the tough times ahead?
 
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