Apparently due to the debt burden and high costs at the moment Allco is cash flow negative, and they fund operations where there is a shortfall from credit facility/asset sales, as such there is a danger of operational defauly of those auxilliary sources of funding dry up. However their underlying performance in the aviation, shipping is positive. My bet is that the rail operations will be divested of in the short term if they are to survive.
Apparently due to the debt burden and high costs at the moment...
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$1.43 |
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Mkt cap ! $385.8M | |||
| Open | High | Low | Value | Volume |
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