Mate do you know how many people have borrowed on 7 houses and call themselves millionaires everyday?
if the money they borrowed is reducing debt which puts them into a profitable position then why not? 1000s of businesses do it allover the world.
i would always prefer it to be proper profits after removing debt from revenue, that would be a perfect scenerio, but difficult in this situation after the company was destroyed for 3 years by shorters/scalpers and a couple of docile directors who conned the Top 20 into allowing it to happen.
The Top 20 know better now and are keeping them on their toes.
Ann: Application for quotation of securities - ZIP, page-26
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