hangon
- 19 Dec 2008 13:52
- 47 of 47
hlyeo98, I'm not aware of "risiing ddeebt" - can you explain, I know they have to re-negotiate a 600m debt in June09 - but in-between they will have some money returned by way of repayments - recent Statement merely mentions delays in getting their Banking Licence - if they don't get this, will it ruin the compnany? I doubt it, it's just that it will be a smaller business, until the credit-crunch is over.
However, I do fear the sp will suffer, as there seems little "good-news" and today I read RNS cutting the Dividend for next year. (I'm surprised this wasn't done earlier...)
Currently 16p to buy.