EHL 0.83% 91.3¢ emeco holdings limited

thanks ... elzephyrusI meant assets of $700 mill above above,...

  1. 2,738 Posts.
    thanks ... elzephyrus

    I meant assets of $700 mill above above, not NTA ,, I automatically added the word "Net" without thinking.

    but the NTA is a better measure so I'm glad you referred to it.

    So the NTA of $510 mill or 81 cents means there's a lot of safety built in .. our assets are worth $510 mill more than our loans and liabilities.

    that should make us feel comfortable ,,, and if things get really tough and a particular region is unprofitable, we can sell the plant from that region and pay off debt and leave the core profitable regions.





 
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