MGX 2.34% 31.3¢ mount gibson iron limited

Take over Dick Smith at very cheap price., page-5

  1. 1,423 Posts.
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    Annual turnover of Dick Smith is around $1.6b.
    Why could Dick Smith not make profit?
    IMO,Dick Smith failed to choose and control stocks and cash management by rapid growth policy.
    And there are streets talkings that stocks were not enough when Dick Smith came to public so Dick Smith needed to buy more stocks than usual business cycle.
    Last edited by Punishment: 07/01/16
 
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