MXQ 0.00% 2.3¢ max trust

nothing much new here - some write downs as expected.i note that...

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  1. LZA
    1,858 Posts.
    nothing much new here - some write downs as expected.

    i note that the overheads are running at 2 mil pa. assuming an income of around 6 mil pa once debt paid off, that is 1/3 of total income! not much of a return for us.
    i figure if they can refinance and pay off current debt and retain some gearing it might be ok, otherwise they have to cut overheads.
 
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