BHD 0.00% 22.5¢ benjamin hornigold limited

Ann: Net Tangible Asset Backing, page-2

  1. LFM
    656 Posts.
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    NTA figures essentially hinting at stripping cash out cash to pay for the liabilities of the other pirate entites.

    Might as well be worth zero. This is like a reverse loan book. Rather than a loan book being in rundown and shareholders receiving dividends this is one where shareholders capital is being used to pay off others.
 
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