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  1. 203 Posts.
    Father Christmas must have been generous to the Indian telecom company(s) who went away with $50M of free deals. Wow, free as in not paying because it's ummm doubtful that they will. Because ummm they are .... not paying for goods and services? Umm, is that business? Or something else? Not much is written of this spectacular loss, or the effort in collecting the receivables. Just sort of mentioned and meant to be forgotten about, based on 'clean slate' mentality.

    That's a big ask.

    Imagine the number of lawyers it takes when two Hollywood actors divorce and settle.... At Arasor it's an email to ASX.

    The market really DID confirm in advance how to value this company as it stands now. Net tangibles at 9c now. They were much higher, instead of rising the assets are dissolving.

    I'm been sarcastic here.




 
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