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Ann: NuSep announces 30 June 2013 Full Year Resul, page-2

  1. FactorX
    867 Posts.
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    30/08/13
    14:53
    Post #: 12267063
    re: Ann: NuSep announces 30 June 2013 Full Ye... Interesting.

    They've moved $3.4m of loss to 2012, making it way worse and then making 2013 $3.4m better. Nice slight of hand boys.

    Am I missing something or is there no contingent liability for the $4.6m we owe Luye?

    If both of these are included, the loss this year is $10m.

    I guess we should congratulate the board on being able to spin the numbers so beautifully. But this clearly isn't fooling any real investors. Just the retail mugs like you and me.
    MEM Price at posting: 4.8¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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