in the prospectus(http://investors.johnslyng.com.au/DownloadFile.axd?file=/Report/ComNews/20171024/01911882.pdf) on page 112 you will see the statutory (ie. pre ipo ) balance sheet and the pro-forma (ie. post ipo) balance sheet. net equity goes from negative $14mil to positive $28.4mil . And the balance sheet is not complicated. it is mainly current assets and liabilties. ie. easily quantified.
Not sure how the ipo created a $2.4mil deferred tax asset too!
That Scott Didier is one smart salesmen to get people to pay off his debts in this way!
in the...
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$4.18 |
Change
-0.030(0.71%) |
Mkt cap ! $969.2M | |||
| Open | High | Low | Value | Volume |
| $4.25 | $4.25 | $4.17 | $1.532M | 365.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3683 | $4.18 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 6030 | 3 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| JLG (ASX) Chart |
