The rubbish that gets floated on the ASX these days and it is all legal!!
Makes you wonder what is going on in Australia that the public keeps being sold pup after pup!
Any forensic accountants had a look at past years balance sheets and earnings? .. Any of the usual 'legal' shenanigans with big write downs on stock values a few years prior to listing? That's normally the basis for getting a subsequent good income year for the prospectus these days, isnt it?
So much financial engineering going on these days and ASIC never bats an eyelid. CMC another.
- Forums
- ASX - By Stock
- SRF
- Ann: Company Update-SRF.AX
Ann: Company Update-SRF.AX, page-153
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, Managing Director and CEO
Steven Gourlay
Managing Director and CEO
SPONSORED BY The Market Online