on path to reduce debt

  1. 3,957 Posts.
    lightbulb Created with Sketch. 11
    it's been reported in the press today(the age)
    that ARL is looking at reducing debt by about $100m
    the bankers are lending more money? in order that the plant division improves margins
    can't work that one out?
    don't know where this company is headed but one things for sure if things don't go their way and rates spike then they'll be forced to have a garage sale to the benfit of COA and NHR
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.