I'll explain this point a little better. As long as the value of additional cashflow exceeds the cost of servicing new debt it's a good investment. You run into problems when you make bad acquisitions like SGH with Quindell or try to use debt to cover problems in your operating cash environment, because then you're effectively running a ponzi scheme.
Ann: FY18 Half Year Results Announcement Date, page-12
-
- There are more pages in this discussion • 236 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SHJ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
89.5¢ |
Change
0.030(3.47%) |
Mkt cap ! $144.2M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 89.5¢ | 86.0¢ | $26.20K | 30.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 85.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.5¢ | 4468 | 1 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |
