ZMM 10.0% 1.1¢ zimi limited

first day of november trading, page-23

  1. 998 Posts.
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    also dino.....
    i need to address this again....the definition of "healthy balance sheet"

    healthy balance sheet does not determine by the amount of money company hold....look at FAR..they have 35 mil and they burn 15 mil in one quarter....drilling a dust well.....a lot of people used to think (including myself), FAR got to be a company to invest with such a strong positon..but the truth is .....yes they have a lot of cash...but they also involve in a high risk activity which burn their cash very quickly........

    so the healthy balance sheet means..the company has money, no debt, and its non productive overhead is relatively small....
    this is my opinion.....thanks
 
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