IRL 0.00% 0.2¢ india resources limited

great read, page-5

  1. 852 Posts.
    that is quite interesting

    so, they are saying that Net Tangible Assest are 10 cents in the dollar

    less 30% (for depreciation or whatever) = 7 cents in the dollar in the case of bankruptcy

    is that right?

    interesting

    Cheers,

    HipHOp
 
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