Page 56 of 2010 annual report.
During the year, equipment rental of $242,000 was paid to the owners of the equipment of which Mr Russell Collins is a 33% owner.
What equipment?
Just looked over the debt position at 30 June 2010, its not even $50m!!! Why the hell do they want to dilute us and raise capital at these levels to pay the debt off? They had $21m in cash, so net debt would be $37m plus the vendor payments!!!
And they want to raise $80m!!! what am i missing here?
Page 56 of 2010 annual report.During the year, equipment rental...
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)