Thanks for your reply sp3
most current figures from the ESI website are...
CURRENT LIABILITIES
Trade and other payables $453,840
Interest bearing liabilities $293,489
Provisions $80,088
Total Current Liabilities $827,417
NON-CURRENT LIABILITIES
Other financial liabilities $654,620
Total Non-Current Liabilities $654,620'
Approx only 1.5m Although when a company has no income, any amount of debt is an issue for prospective investors, even $300k.
Your take on what you call big time dilution is interesting...
'ECT is currently diluting us big time because we know it is in the best interest for our shareholding...'
Usually current and future dilution of a company is a serious consideration for prospective investors. This maybe why few shortfall shares have been purchased and it is now yet another concern for current holders.
Don't worry, I wont be comparing esi to bhp
best wishes
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Thanks for your reply sp3most current figures from the ESI...
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