CWT 0.00% 23.5¢ challenger wine trust

Dogby,In CWT's case you use your operational cash surplus and...

  1. JID
    3,679 Posts.
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    Dogby,

    In CWT's case you use your operational cash surplus and underwritting cash from the DRP to pay back debt, thus reducing the 'L' part of the equation.

    However, I remember you from the GMG threads earlier in the year and wont explain this further for you.

    Cheers
    John
 
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