LEADCOM, a real growth company.

Agreed Highly Geared, bonds are an excellent way to fund further growth.

With a "guarantee" of at least 180m$ of orders next year and potentially up to 300m$ next year, with the recent good performance and incease in equity its not surprising they are now able to fund via bonds.

Placings are the worst option, bank debt is better but expensive, and bonds is a much better way. The fact that Leadcom are now in a position to grow via this avenue, says a lot about them, their performance and their prospects.

Get BSNL sorted and contracts awarded and thus targets for 07 revenue upgraded way above the present 180m$, and we should blow the Altium price target away by some margin.