AAC 4.27% $1.10 australian agricultural company limited.

amp stanbroke deal

  1. 3,947 Posts.
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    the pundits are saying that this deal is worth 400m plus
    all that said and done wouldn't that mean that aac would have a significant ramp up in gearing from its 30-40% level

    the current annual report has it holding abut 18m in cash

    the way i see it is that they'll probbaly have to go to market and do some type of issue that will put pressure on eps in the short term

    lets hope the drought breaks!

    has anyone heard rumuors as to its position amongst the other bidders

    what do u think?
 
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