look at the facts and fundamentals31 Jan 2018 10:09
All, Look at the facts and fundamentals
debt �1.1 billion
rights issue wont happen till JL disposes a number of businesses and reduces the companies debt and employee numbers - he is likely to raise around 300-400 million from selling some of their assets.
once that has stabilised and the confidence has come back that the company, that it is moving in the right direction then they will do a rights issue likely to be IMHO around mid year. I still think this is long way away from Carillon type collapse. I think JL knows his strategy.