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13/07/18
15:34
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Originally posted by sabine
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madamswer at the time I read the page (found online after scanning this part of HC by chance) I assumed it was the company themselves putting up the warning signs . It went on to reference three aspects of One Market ie car park technology, electronic email dockets to track shoppers with and something else . (. I just went to check the source but have closed the page. When/if I find it again I will reference it here ... It may have just been a more noticeable way of providing a disclaimer .)
The word innocent was used as the opposite of ‘sophisticated’ . Naive is more appropriate .
Again this referenced the warning on the page I read.
‘Pouring millions into something’: ‘something’ being One Market ‘you’ a catch all non personal pronoun which I was applying to the Lowry’s and other Lowry entities.
To put the question in different words .
After recently doing some research into companies which seemed to have been set up either to exploit ASX loopholes and/or act as loss making money sinks (ERL abd CVI )and after reading a little of what has been written here where HC experts are genuinely querying the validity of the business model I wondered - cynically - if Management might have any way of gaining even if it did not succeed..
What I have read on these threads indicates the company is externally funded and unlikely to require capital raising.
Before doing any further research I decided to ask if there was even a remote possibility that, if the company failed, the money poured into it could be used to offset taxes somewhere else.
I regret you found this question oblique as that was not my intention .
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@sabine ,
I apologise if you found my response to your question somewhat obtuse, but I assure you it wasn't meant that way. Sometimes, without direct personal interaction, misunderstandings can arise.
I can sincerely assure you that I did not understand what you were asking.