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  • damien5500 damien5500 Oct 10, 2012 11:17 AM Flag

    Cash

    I'm not sure they still have a complete control of their business.

    They sold new shares in June for 65Mio

    New revolving credit, borrowed 15Mio more last week and can borrow more up to 150mio instead of 100mio

    Today they announce they need 20 Mio more and sell bonds maturity 2018...

    When do they stop ????

    Total debt is now 770 Mio... that's a huge amount for a so small company.

    If they have any problem at Rochelle, there will be blood on this stock...

    Sentiment: Sell

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