Not sure what statistics you look at or why you
would contact moderators in regards to debt
apart from wanting to gag other posters. I use
Westpac broking and look at the financials for
the last 10 years in regards to debt etc. Westpac
broking says at 06/11 and 06/12 that Mayne
had no long term debt whatsoever. It also
shows how many shares are on offer every
financial year and how these numbers have grown
substantially!!!!!!!!My figures all come directly
from the Westpac site so if you have any issues
with any factual information that I have presented
to this forum I would suggest you take this up
with Westpac not the moderators. Moderators
are welcome to check the “financials” in Westpac
broking before removing any posts in regards to
debt because other posters here may be interested
in the history of debt accumulation and the history
of shares on offer due to capital raising over the
years. These two statistics weigh heavily on the
wealth destruction over time partly responsible
for the share price deflation over time. Just because
you don’t like the facts and analysis doesn’t mean
that others don’t want to factor in this information before
they make an investment decision. Just as share buy
backs increase earnings per share, so does share allocation/
dilution reduce earnings per share!!!!! This is partly the reason
for the terrible share price erosion per share that continually
erodes the wealth of share holders over time. You can’t
just cherry pick analysis that you like and then go running
off to moderators because you don’t like what others have
to say. Can’t see any reason that moderators wouldn’t reinstate
my post. That’s my first post removed by moderators and I’m
struggling to understand why given that info comes directly
from Westpac broking….
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