"Of this $1.4 million, $3.2 million was interest on the proceeds of the sale of Ebay. Without this interest ECP would have recorded a loss which implies that its other businesses are noting making a profit."
jon1: do you know accounting? Ebay proceeds is still an assets. Dumb directors (or under KPs instructions) they just left it in bank earning interests. Enthusiasts will invest and realise more money. Therefore this income of $3.2 is expected every year.
You say other businesses are nothing; then why PBL is interested? You know PBL prices shot up today? easy money?
Aflatoon
- Forums
- ASX - By Stock
- ecorp announce profit
ecorp announce profit, page-5
-
- There are more pages in this discussion • 5 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
Featured News
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
SPONSORED BY The Market Online