How much money are they wasting?
UBS
NEN merger
PUKA
Defending MOSMAN merger
They never seem to learn.
How much cash do they really have left after all liabilities are taken into account?
How can they fund 20% of WA-454-P?
4 years ago they had over $100 million in cash. At the time Telstra was $2.60. They could have bought 40 million TLS shares. They'd be worth nearly $250 million now. Not to mention $11.2 million in TLS dividends each year. If management had of used that money wisely what could have been?
Ann: Puka Production Shut in, page-4
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