FAS fairstar resources limited

Fas, page-4

  1. 1,617 Posts.
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    'The real deal with Teo' - no one has ever heard of him and how do you think he will get finance for a company with negative equity? Negative equity is when liabilities exceed assets. You can see it yourself in the financial reports. I have never seen a solvent company continue with negative equity and no revenue coming in. It defies logic. Not even the great Alan Bond would lend money to these guys.
 
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