I'll have to assume you're joking there, Cabela.
You're asking that companies who seek further capital in the stockmarket, not only be NOT allowed to spend what they raise, but must keep a further $9 in the bank for every $1 they raise?? What the?
And you're asking that companies sign a written guarantee of profits. Hmm... I'm sure all CEOs have a 100% reliable swirling crystal, that can predict the future. Yep, they just don't use it...
Seriously, if you want a guarantee of profits, don't punt on risk plays, buy GPT or westfield, or Telstra. Heck I can sign a guarantee there for you, that those companies will NEVER report a preabnormals loss in our lifetimes. Problem solved!
sat herald, page-9
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