BVA bravura solutions limited

I believe will need to wait and see the details of the recap'n...

  1. 3,157 Posts.
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    I believe will need to wait and see the details of the recap'n plan.
    If they go to shareholders and request more money then it will be negative.
    However if they have a cornerstone investor to wipe out the debt they have, then profits will be sizable in September.
    Current Half Year interest expense on debt is about $2.6 Million (looks like they pay about a 10% interest rate).
    Current after tax half year profit is $2.6 Million.
    Best of Luck
    Lost
 
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