peter_2007 now that ive enlightened your good self & the jbwere hotshots?,i will show you how to evaluate the company,the AIO entity itself & how much equity they actually have.
divide the debt by the shares on issue...also. divide the debt by ebitda this ratio gives you a good indication on the ability of a company's chance of dealing with its debt.
elders has got theirs down to around 1.1 AIO'S is still too high.
AIO saved a few bucks recently by taking their car carrying subbies(subcontractors) to court for a reduced payment as the fuel price dropped 18%...
so rowsthorn takes from the actual people who make the money THE WORKERS & gives it to himself plus $740,000 bonus & 3.6m options at $1.52.
i get a christopher skase type of feeling with rowsthorn,meaning a very bad smell coming from the rowsthorn piggy bank aka patricks.
i see today there was a report out on execs excess. but without a section that includes binding votes ceo's a la mr big little can ignore shareholders views.
