help needed business loan question, page-11

  1. probing
    2,572 Posts.
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    14/06/06
    13:12
    Post #: 1621438
    raider25
    Net of 120K on 70K stock AND plant value sounds dodgy - even if kosha, gut feeling is that you'd need more than 20K working capital.
    also
    If 120K net, then 220K purchase price would be way cheap . . . . has accountant looked it over ?
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