FFF
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8.33% 1.1¢ forbidden foods limited

Ann: Firstfolio announces resignation of CEO , page-8

  1. fantazzyd
    3,062 Posts.
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    01/07/12
    19:42
    Post #: 10378908
    I think problem with FFF is debt to equity.Currently 178% and rising as share fall. $63 million in debt and softing of housing market and recent management changes is causing share price to fall.FFF has yearly interest bill of $4.5M according to Comsec research, new directors have little time to ease in to the job at hand, hope previous management did not depart company as it might be heading into trouble.
    FFF Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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