CLX 3.66% $1.70 cti logistics limited

Ann: Half Yearly Report and Accounts, page-3

  1. 638 Posts.
    lightbulb Created with Sketch. 35
    No such thing as value for CLX unless you happen to be a lender.

    How can a company which owed circa $900k at 30/6/14 and around $800 k at 31/12/2014 incur "finance costs" of $829k in the half year to 31 December 214.?What interest rate, what usurious fees are being paid and to whom? No note, no explanation no nothing.
    Looks like another FAS all over again.
 
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