Based on Muzza's post
It appears that what has been labeled long term debt was infact short term debt.
It appears that we have been mislead
Also I think we have been mislead by Michelmore's comments in regard to the company's financial strength
Can you remember Michelmore talking about buying energy stocks and "bulks"?
Also there were comments about having the cashflow and the cash to make a significant purchase.
But not sure if he was the one who made the comments.
Does anyone have the video link where he talked about these possible takeovers.
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