EXT 0.00% 0.9¢ excite technology services ltd

certain rating down, page-7

  1. 13,363 Posts.
    lightbulb Created with Sketch. 11
    gwupo, considering your expert analysis today stated that CBH has "massive debt" and the fact is they have a clear major positive cashflow position, your analysis of EXT would questionable at best.

    CBH position from the CBH report:

    "At 30 June 2007 cash and short term deposits totalled $238 million (March quarter - $70 million).
    Debt consists of an unsecured loan from Toho Zinc of JPY 1,361.4 million (A$13 million) and
    $4.1 million in equipment hire purchase."

    This is a net positive cash position of AUD $220.9m.

    Your statement "massive debt"........

    So I think you should go back to your chalk board and plasticine and do your times tables again. Not sure you should be using a calculator just yet.....rolol

    Lordy, you will do well my friend don't let this nonsense deter you.

 
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