Have you seen the new ANN?
John Conoley has picked up 676,002 Depository Interests
Why would he do that if there is no upside from here?
----------------------------------------------------------
Regarding the so called debt situation:
Let me repost what "Wisecrow" had posted on LSE's BB, for he has hit the nail on the head
According to Investor Chronicle ;
Total debt/total equity 0.6672
Total debt/total capital 0.3972
Those are not too bad
especially for a company with a revenue of 26 + mill, assets of 78 mill & Liabilities of 45 mill
Particularly the long term debt is only 17 mill
Agreed current liabilities are 26 mill.
But almost all Software companies run up a very large current liabilities bill
So I see nothing majorly wrong here
However the stock is trading at MINUS 92 % of 52 wk high.
http://www.lse.co.uk/ShareChat.asp?ShareTicker=ESG
------------------------------------------------------------
So I only see a very BIG upside from here on...with minimal risk I should add since we are already down at the dumps
- Forums
- ASX - By Stock
- It's getting more worse!
Have you seen the new ANN? John Conoley has picked up 676,002...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)