Daily price prediction thread, page-4500

wow, nice find!/purchase!

its super interesting seeing the numbers. my first thought is that flattery being part of a vertical integrated supply chain for Mitsubishi will have some very clever accounting so the yearly profit of 6million is very misleading.

the first thing that leaps out at me is $14 million in "employee expense benefits" . lol
$5 million in mine site "administration" .. double lol
400K on "air craft expenses" ... high rollers baby!
$1.3 million in management and consulting fees! for an operation thats been running since the 70s... triple lol.

at first glance it would appear that these books are cooked to keep income at a very low number. Not that i am suggesting this, butone might imagine alot of these "expenses" will be money booked to offshore companies back in the mother country to avoid AUS tax.

However, if you can find tonnage produced and divide in by the revenue you'll get the sale price, or there abouts. but in terms of margins.....this is a job for a forensic auditor as their operating expenses look to be intentionally very very high.