An interesting comparison between APA and ABC Learning Centres.
See that out of proportion Contributed Equity in both "growth" companies?
See the low retained earnings?
These are examples of "growth" by borrowing and by raising new capital.
Good for management and their empire building master plans... not good for shareholders' wealth.
Poor business model, not earning enough... and contantly raising more capital and debt to take on the world.
Interest rate ticks up a bit and watch it burn.
btw, I'm not shorting or anything. Just a public interest notice
APA Price at posting:
$9.03 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)