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BIG burrendong minerals limited - withdrawn

0.00%

$2.22

This is what you call great analysis, page-24

Currently unlisted. Proposed listing date: WITHDRAWN

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bernsta

4,437 Posts.

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24/02/18

22:14

Post #: 31318951
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Originally posted by cosrob ↑

His opening few paragraphs is incorrect. He assumes if a customer that goes through finstro agrees to a video after production and then defaults, big would have repay it. As noted in their earlier annoucement if the customer defaults then its finstro's dilema.

Still think this a big problem, but not as bad as it never trading again. The business model is clever in achieving fast growth, but as they did not disclose it at the time, it looks worse than is actually is.

The real problem here is not finstro, its the share issue. All imo.

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You're not concerned about the lack of accounting for the debt on the balance sheet?

BIG Price at posting: $2.22 Sentiment: None Disclosure: Not Held
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This is what you call great analysis, page-24

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