How can people be so stupid14 Jan 2019 09:11
TD gets the blame for everything...... Read the RNS at the end
Specifically, no firm decision has been taken to bid for all or any of the assets currently being marketed by Chevron and how, in the event that the Group were to be successful, the acquisition of such assets would be financed.
If premier are talking to finance professionals this is where the leak will have come from. TD is not the type of man to go running his mouth off to the wrong people, he's a astute deal maker and if the deals not right he won't be going for it. As said the deal will be financed purely around debt to revenue rationed if the ratio improves then the banks will allow the deal to go ahead, if not they won't allow the deal!!