Sorry, to amend previous post, just re-read the ANN from 23/7, which helps to understand the coy's positions.
"Given the timing of acquisition completions and the cash generated from current operations, Affinity does not expect to draw from its $100m debt facility, placing Affinity in a strong position to continue assessing accretive growth opportunities in line with the Group’s disciplined acquisition criteria in the second half of 2014"
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