Likewise Aceboy, the debt and creative accounting stops me from buying a larger position, although the low level of bank debt is a positive, and funding markets are open for those who had good businesses before the bush fires/virus .
So if anything i'ts the accounting that holds me back, it is overly obtuse for mine. It has always been a good warning sign, if the accounting can't be easily understood then how can the business be managed properly over any period of time, just ask Centro or Slater and Gordon......
ATL Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held