MYG 0.00% 71.0¢ mayfield group holdings limited

plenty of upside, page-9

  1. 14,914 Posts.
    toggs, that last post of yours made no sense to me whatsoever.

    I think you are or were a holder of NST but I'm not sure.

    It's pretty important when you do such comparisons that you include all the pivotal information. This includes debt and cashflow.

    MYG will take a good 2 years to pay back their debt whereas NST were debt free 12 months ago.

    So essentially what you're saying is that MYG might begin to behave like NST in about 2 years time if all goes to plan with production and that it's a good idea to have your money sitting in MYG for that period.

    I'm going from memory on the 2 year pay back period, is this correct? Pretty sure that was the figure when I researched it a little while back.
 
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