ABS a.b.c. learning centres limited

I bet they will announce at the end of the day...leave us all...

  1. 122 Posts.
    I bet they will announce at the end of the day...leave us all frozen until next week...

    Here is my guess on news..(its just a guess).

    - I think the re-stating of results would be shockers
    - I think they will announce restructuring of debt
    - I think they will at least hint/consider getting out of everything outside AUST. (reduce debt)
    - I think they MIGHT consider some reassessment of centres, possibly getting out of ones not providing the preferred returns.
    - I think perhaps they will look to stabilise , and then maybe try to do some capital raising to help reduce debt.

    MY BIG QUESTION...Where did all the MS sale money (US) and UK Money go...? ..that was a lot of $$$, and as far as the numbers went that should have eaten a chunk out of the 1.5bil...if they still owe 1.5bil, then this ship wasn't just sinking, ....the ship didn't exist !!
 
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