RE: Mike's final push6 Aug 2024 21:38
Not so sure it says anything about H1 Hexam, especially if they were examining the option last year as the article says. The £75m also shouldn't be an issue unless they have been splurging the cash in a way that seems totally unfeasible.
If it's part of a longer term strategy to pay off debt totally or atleast take it back below £100m then that is probably ok. But if it does happen, then for once they need to explain it properly, especially if they do sell it for a loss.
It's interesting tho that all these stories are appearing at the same time and not from the business
Inst