May I suggest that some time is spent reading SKE's 2014 Annual Report.
Total Assets are $873.099 Millions.
LESS Intangible Assets $ 472.007 Millions
LESS Liabilities $394.302 Millions of which term borrowings were shown as $172.924 Millions.
NET TANGIBLE ASSETS $6.790 millions.
By 31 December 2014 the figures are shown as follows:
Total Assets $941 Millions
Less Intangibles $488 Millions
Less Liabilities $459 Millions ( of which term debt is $229 Millions)
NET TANGIBLE ASSETS (negative $6.767 millions).
I didn't know that Intangible assets as some contributors suggest somehow can be termed as tangible.
Reading other contributors comments makes me amazed at saying PRG should pay $1.50 plus per SKE share- for what.
A negative NTA and a big debt.
SKE needs to convince the market that their intangibles ($488 Millions) have real value and that this value could be realised easily.
- Forums
- ASX - By Stock
- SKE
- No goodwill
No goodwill
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SKE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online