BLV 0.00% 1.6¢ blossomvale holdings ltd

The key is that the bank will either provide the long term...

  1. 689 Posts.
    The key is that the bank will either provide the long term funding or extend to allow refinancing by way of recapitalisation (i guess this means part long term loan and part share placement) - see Note 1. I hope that this is in fact the case and not some spin - if it is ok then we should be get through. But this problem has been known about for a long time. Why is it taking so long to sort out? Wonder if it has anything to do with the change in CFO in August?
    Explains why the sharks have been circling.
    If the debt can be converted to long term then the liquidity ratios will look very good.
 
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