expand by way of aquisition or joint venture. ??????????
you know your talking about a stock that's well...vitually under the pump from its bankers to reduce debt asap given both the size of debt on the books and outlook for official interest rates and accordingly has put in place a mechanism(whts that word?) to try and deal with it
they'll be no expansion!
common sense dictates that they would have tried to raise more when they had the recent $100m cap raising
if that was the case
i reckon there's a good chance that you'll see 'ah plant hire' transfer across to NHR by some type of trade sale with a swap for equity and you'll also might then see the sales revenue of nhr continue to increase whilst also leverging of the caterpillar brand name in nsw &act
perhaps the fact that the ntional hire name will continue to be used in vic and ah plant hire also based in vic might be a sign of agenda to take place
AS ALWAYS THE ABOVE DOES NOT CONSTITUTE ADVICE
INVESTORS ARE STRONGLY ADVISED TO SEEK ADVICE AT ALL TIMES AND NO LIABILITY WILL BE ACCEPTED
IN RESPECT OF ANYTHING POSTED ABOVE
- Forums
- ASX - By Stock
- re : nlx volume
expand by way of aquisition or joint venture. ??????????you know...
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online