MFS mfs limited

from todays melbourne herald sun, page-68

  1. 186 Posts.
    uncleyak
    1) I don't think asset values are calculated as profit untill they are sold (talking from a small business perspective - can someone clarify that who knows?)

    2) IF they sell assests, and what they get should be covered in an announcment soon. (fingers crossed)

    3) I heard there was a clause in the agreement from Fortress when they extended it. I don't know why it would be assumed they would have the same clause in other debts.

    4) I think Michael King has alot on the line himself, including his own shares (he is the 3rd biggest shareholder) in the company which he founded. I'd be more worried if took the payout for a quick buck which he was intitled for.
 
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