Member Info for John33

One thing for sure the board have certainly played a blinder for the Cosmens.

Death by a thousand cuts with no end in sight.

Highest they must have paid in the last 12 months, Feb 2024, c.85-90p so unless something material positve happens that could be the best outcome apart from a long haul recovery.

Any further bumps in the road ahead, wage increase demands, heaven forbid ALSA doesn't have a splutter though that would suit the Cosmens as the sp would plunge

"Do they need to be added to the equation under the 30% rule or can they be treated separately?"

Depends if they are acting in concert, your guess is as good as mine!

SP still getting hammered, not making one jot of difference there.

Is vanity, profit is sanity.

NA looks barely profitable, my main concern what kind of sale price is achievable in an enviroment of high interest rates and probably a forced seller, what's the alternative,... a rights issue??? 3x debt is close to 3.5 covenants.

Is it possible if they only receive derisory offer for NA, 300-400m as it's a fire sale/desperation not very profitable, interest rates higher for longer, funding for the aquirer more expensive, there might be some sort of fund raising if they can't sell NA or in combination with to shore up the balance sheet.

Went through about 15 mins ago, someone must have bought them.