MCO
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0.00% 11.0¢ morning star gold n.l.

financial statements out, page-3

  1. plough
    33,568 Posts.
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    01/10/08
    11:44
    Post #: 4331857
    expenses tripled compared with previous year. $13 million in carried forward expenses means once profits start nothing for tax man for a while.
    Ratio current assets to liabilities strong but as mentioned only around $1.2M in kitty on 30 June and with a burn of around 1 M a quarter they must be selling firewood on the side to be staying afloat



    OPTION PRICE LOOKING STRONG
    MCO Price at posting: 15.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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