Hi all
IMO, HTA's half year results to 30 Jun 10 look impressive on the surface, with one web site highlighting that they are now 80% the size of Optus based on customer numbers; however for the life of me, I cannot understand what is meant by HTAL accounting for its investment in VHA as an equity investment? Can someone explain in simple terms what equity investment means and why the figures look bad when accounted for in this way????
Cheers
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