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.
I'll explain this point a little better. As long as the value of...
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Last
88.0¢ |
Change
-0.010(1.12%) |
Mkt cap ! $144.2M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 89.0¢ | 87.0¢ | $56.06K | 63.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12285 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 183251 | 1 |
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| Last trade - 13.43pm 29/11/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |
