jenny 123, the current assets at 391m and the current liabilities are 1.45 billion. Do you know the significance of the word "current" in those numbers, which you apparently took the trouble to leave out?
"what is the position now.there are a lot of questions really that seems noone can answer except the market" OR AN ELEMENTARY ACCOUNTING TEXTBOOK.
According to ABS' latest published balance sheet, its assets were 4.528 billion and its liabilities 2.305 billion resulting in net assets of 2.223 billion.
There is nothing either incredible or remarkable about that.
ABS
a.b.c. learning centres limited
should be a survivor, page-16
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