Current liabilities greater than the current assets... Debt up to the eyeballs...
This is not the same company that I first invested into.
The question remains, why is funding being poured into this company? What is to be gained? Will it be worth it to all parties involved, and being a little self-centred, what about the little shareholder?
Given all the money available, I assume there is value somewhere. Let us hope it is not purely "security of assets" reasons and the value can be shared.
Ann: Half Yearly Report and Accounts Dec 17, page-3
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