Doc: Marty, Marty we need to go back to 2003.
Marty: Come on Doc that was so long ago.
Doc: Marty, Marty it's an important accounting matter.
Marty: OK Doc, help me get the cover off the DeLorean.
2003 JRV Cash in Bank $40,298
Finacial Assets
Interest
2% Floating $14,298
12% Fixed 1 year $407,098
10% Loan $397,452 which includes $300,000 from directors own pockets.
Doc: Marty the directors were charging 10% interest on their loan.
Marty: But Doc they could get 12% on a fixed deposit. Borrowing costs to JRV are only $22,452.
Doc: Marty I don't understand they're ripping themselves off. Directors are supposed to be greedy. Snouts in the trough. Marty, Marty I don't understand.
Marty: Don't worry Doc this company will not be around in 2008. Nobody wants nickel, cobalt, gold or what the hell is scandium?
Doc: We've seen the future Marty. They're still around and they've got more money in the bank.
Marty: Lets go Back To The Future and buy some stock.
Doc: Marty I'm going to upgrade the flux capacitor and install a fuel cell made from a scandium stabilised zirconian.
Marty:Aaah yeah right Doc I really understand you.
Deepdiver Start your engines.
Doc: Marty, Marty we need to go back to 2003.Marty: Come on Doc...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $32.88K | 2.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5898918 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1091365 | 4 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| JRV (ASX) Chart |