HML henry morgan limited

Ann: Net Tangible Asset Backing, page-5

  1. 5,299 Posts.
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    Absolutely Backdraft,

    The very reason I sold out when I did. Admittedly, I think the truth might be somewhere between what the auditors think and what is stated in this announcement, my inner accountant says be wary.

    The GFC rammed home the reasons to value assets in a more conservative fashion, especially when your own money is at stake.
 
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