JLG 0.71% $4.18 johns lyng group limited

and if you look at the three recent accounts ie. :...

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    and if you look at the three recent accounts  ie. :
    http://investors.johnslyng.com.au/DownloadFile.axd?file=/Report/ComNews/20171024/01911923.pdf
    http://investors.johnslyng.com.au/DownloadFile.axd?file=/Report/ComNews/20171024/01911920.pdf
    http://investors.johnslyng.com.au/DownloadFile.axd?file=/Report/ComNews/20171024/01911919.pdf

    and look at Note 22 of the accounts in each. The net accumulated losses have been growing each year.   Scott Didier & co. have been milking it. ie. paying themselves out all the profits and more each year by putting it further in debt.   and now they have been able to get the ipo investors to pay off this debt at an inflated value.
 
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