if you think what sholtz posted was an attempt at a valuation there is little point continuing this attempt at a conversation
all he did was point out that at the last reporting period end the company was current asset deficient by some AUD $60m - that has absolutely nothing to do with the value of the company or its assets and is not an attempt at a valuation.. sholtz himself will admit to this
since we're not going to get anywhere on the valuation conversation, care to enlighten us as to how the banks have a lot to lose? in what possible situation will the banks lose out?
MAE Price at posting:
5.3¢ Sentiment: None Disclosure: Not Held