Hi Morley, we keep swimming in the same water !
I have looked at APB plenty of times in the past, not least because of the asset valuation. Management were never shy to tout the NAV either, but it vanished at the stroke of a pen. Cashflow was always horrific.
Will be also interesting to know whether the broking houses turn out to be creditors - somehow I doubt it .
Ann: Voluntary Administration , page-5
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