Polycephalus, that is wrong. Isoft are always reporting profit before interest which provides a misleading headline to the average investor.
Isoft has big debt and a big interest bill that would probably put it in the red and a cashflow crunch, hence, the new equity facility.
a lot of announcements, page-16
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)