not happenin jan, page-13

HTA was the first stock I ever bought ... back in 2004... that year it reported a loss of around $1B. These days I believe what is actually happening is creative invoicing is transferring profits out of Oz... there is no way a Co makes losses like this EVERY year and still remains in business. My suspicion is HTA [and so probably Vodafone also] is buying their inventory from related parties overseas at inflated invoiced prices and transferring the profits away from the Oz tax domain. Just my suspicions....