and if you look at the three recent accounts ie. :
http://investors.johnslyng.com.au/DownloadFile.axd?file=/Report/ComNews/20171024/01911923.pdf
http://investors.johnslyng.com.au/DownloadFile.axd?file=/Report/ComNews/20171024/01911920.pdf
http://investors.johnslyng.com.au/DownloadFile.axd?file=/Report/ComNews/20171024/01911919.pdf
and look at Note 22 of the accounts in each. The net accumulated losses have been growing each year. Scott Didier & co. have been milking it. ie. paying themselves out all the profits and more each year by putting it further in debt. and now they have been able to get the ipo investors to pay off this debt at an inflated value.
IPO - Johns Lyng Group Limited, page-27
Add JLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.23 |
Change
0.030(0.71%) |
Mkt cap ! $1.195B | |||
| Open | High | Low | Value | Volume |
| $4.25 | $4.28 | $4.18 | $1.609M | 380.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 6942 | $4.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.24 | 5075 | 38 |
View Market Depth
| Last trade - 12.40pm 14/11/2024 (20 minute delay) ? |
| JLG (ASX) Chart |