NMS 0.00% 0.0¢ neptune marine services limited

Ann: FY12 2nd Half Update on Performance , page-4

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  1. 50 Posts.
    ASF, thanks. What are the Net Tangible Assets? I thought they sold all their vessels, fab yards, etc. Is this all attributed to the nepsys equipment and survey equipment? presuming they lease all of their buildings etc?

    also, is it correct they have 1.7billion shares on issue? that would indicate net tangible assets of 51 million. something is not with my numbers at all... :/

    thanks.
 
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