due dillidence, page-14

thejase128 - what does not make sense is the way you correlate their debt and equity position with the current share price. You then expect the SP to fall further because the risk of owning some shares now is high relative to the worst time in SNN's history when it did the nearly 1 billion cap raising! hmmmmm!

look @ AXM - they have over 3+ billion shares on issue and it is trading at 0.03

the only reason the market has not allocated a higher SP to SSN is because of the very large cap raising that was done at a very low SP at a bad time.

good luck with your investments.