That is my accumulation completed.
Now I wait.
Cheap as chips.
Sydney - Friday - March 13: (RWE Australian Business News) -
Fisher & Paykel Appliances (ASX:FPA) has entered into a new interim
bank funding facility to meet its temporary peak funding requirements as
it continues to successfully implement its global manufacturing
strategy.
The agreement reached includes the establishment of a new
interim $80 million funding facility; and a waiver of the group' debt
cover ratio and interest cover ratio covenants as at 31 March 2009 for
the term of the interim facility.
The Company is now working with its banking syndicate with a
view to refinancing the total bank debt of the Appliances Group with an
expectation that that refinancing will occur by 30 April.
That is my accumulation completed.Now I wait.Cheap as chips....
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