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re: why bca is superior to collection house The facts are that...

  1. Brunette-two
    6,951 Posts.
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    06/01/03
    14:23
    Post #: 101907
    re: why bca is superior to collection house The facts are that they had a Nasty write off and it knocked their accounts about a bit . In fact they coulkd not cough a dividend it was that embarassing.
    Had to roll out a dividend in a Post period.
    Makes one wonder how good the management is ?

    They also have a defecit of Net Quick assets plus long term liabilities in their balance sheet which is not good.It means that they could do with some money so it is silly to pay dividends that just makes matters worse.
    Is there a TAP at about $2 feeding the market do you think please?
    best wishes .
    B2


    BCA Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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