ECL excelsior capital ltd
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venor loan written off $9.3m

  1. bottomfeeder1
    1,621 Posts.
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    28/02/12
    13:06
    Post #: 9762453
    What else could have been expected other than the vendor loan being written off. The net result is that the board will now muddy the water on the underlying business performance.

    Do not be fooled. Even with the write down the underlying business has been performing fantastically.
    CMI Price at posting: $1.80 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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