TGA thorn group limited

Ann: Half Yearly Report and Accounts, page-8

  1. 531 Posts.
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    Given TGA no longer has any goodwill in the balance sheet, if net tangible assets really is $1.22, management should acknowledge their incompetence and the share market's view (via SP) that this company has no future and arrange for an orderly liquidation of the company. I think this would be in the best interests of the shareholders, rather than the company trading on as usual, and slowly destroying shareholder value.
 
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Currently unlisted public company.

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