SEK 1.71% $24.68 seek limited

Major Short report out on SEK, page-24

  1. 240 Posts.
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    From the Balance Sheet 30/6/20

    Debt is high at A$1.9 Billion.
    Net assets A$1.4 Billion.
    What worries me, Intangible assets are A$2.55 Billion

    Cash flow is A$1.668 Billion, revenue is A$1.595, so cash flow looks alright

    Balance sheet look weak, relying on large Intangibles
 
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