My point re "high debt companies" is that the lesson of the GFC was high debt companies lose value like steam in adverse situations like a dramatic fall in gold price. The debt has to be paid still and little likehood of money advanced for development. This is the bind of BCD (Beaconfield). I look at debt very closely in relation to earnings. Avoca and Newcrest have huge debts and big earnings when gold up in price but vulnerable both copped a hammering during the GFC.
- Forums
- ASX - By Stock
- OGC
- big buyer this morning
big buyer this morning, page-17
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online