If I am obliged to pay someone that is a debt .A loan called a lease is a debt . Leasing a car is the same as financing it but for the tax man you can get way with a bigger write off sooner . Same debt different bucket
EV between you and Whitey on the same day varies by $3 million
My calculation would be a continuous decline in EV based on accounts disclosed but reality right now its far less than stated if an independent went in with pen and paper
How much of a peoples champion have the directors been for their past ventures and what asset destruction was done when accounts were updated some time after IPO . What was the end result for the shareholders . I did a quick look and I see poor shareholders
Best of all the directors say your taking a punt but then you said you were also
FOS Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held
