Whitey my boyEBITDA = Earnings Before Interest Tax Depreciation...

Whitey my boy

EBITDA = Earnings Before Interest Tax Depreciation and Amortisation

If your counting profit before you LEGALLY can deduct three of the above from your income then your paying too much tax because they are all items that decrease REAL profit . Thats like not subtracting tax from your wages and still spending your gross pay . You will be in Debtors Prison real quick

So far we have a company JSB that $750,000 of FOS shares were given away for . JSB comes with negative assets of $300,000 so its cost over $1,000,000 for a company that looses money and probably will loose more so who knows what the final cost of this escapee from a liquidator will cost
Put it this way. I have a $100,000 Porsche that is an accident writeoff and then been burnt out so nothing of value is left to salvage. You pay me $100,000 for it and get the privilege of making the remainder of the finance payments on it. Find me this greater fool I have cars to sell

You have dodgy assets like intangibles (almost a million) for companies that loose money or just technically break even , maybe. You pay what amounts to goodwill for a money maker not a looser

So called recievables are assets if they can be collected but we let will that slide for now . Next half yearly may disclose what they are worth

This hound dog of a company was worth less than the IPO share price

DYOR but 19 cents is overprice if your going to buy the dip. Cash in your chips while you still have some