PBG 0.00% $1.15 pacific brands limited

MontI was looking to buy into this but had a quick look at their...

  1. 49 Posts.
    Mont

    I was looking to buy into this but had a quick look at their recently announced Dec 08 accounts and as far as I can see intangibles are more than shareholders equity meaning its really 100% geared.

    Also, the cost of redundancies/restructuring have yet to be taken into account.

    It looks really risky.

    Am I missing something?
 
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Currently unlisted public company.

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