At lease todays ann is a start !
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Or the infected.
They could be the Corona Campers! :scared:
The announcement says they had a net tangible asset of $1.83 in Dec 2019 does anyone know what exactly that was? Physical asset or did they value their IP or goodwill etc as well? Can the current NTA value be found somehow? TIA
Start with page 8 of their Interims Report :):
http://nzx-prod-s7fsd7f98s.s3-websit...130/317772.pdf
Thats sickening reading. Property plant and equipment at $400m. Current Liabilities $71m offset by trade and rec of $31 and inventories? of $55m. NOt much wiggle room there. And non-current liabilities are $280m with non current assets made up largely by the big elephant of PPE.
I would steer well clear for the foreseeable future.