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AXIA NETMEDIA J T.AXX

"Axia Netmedia Corp owns, operates and sells services over fibre optic communications networks. Its reportable segments are The Covage segment and The North American segment."


TSX:AXX - Post by User

Bullboard Posts
Comment by 499ccson Aug 29, 2011 1:06pm
252 Views
Post# 18989855

RE: Cash

RE: CashQ3 MD&A showed total capital commitments over the next couple of years totalling up to $35.6 million. Rather than total depletion of cash reserves, I expect funding to be come from a combination of cash reserves, operations, debt and lease financing. At the current market valuation, equity financing isn't very attractive, and would be likely be a last resort if Axia's back was against the wall. Which it isn't. Q4 results will be out in a couple of weeks, and while we may see a decrease in working capital it won't be anywhere close to $25m.
Bullboard Posts