We have been through this also and it is because of the ACQUISITION. That does not mean the underlying business is LOSING MONEY like you're suggesting.
I dont know how else to phrase this.
Read the balance! 3 million financial liability for acquisition. Increased provision allowance for the acquisition. Borrowings- for the acquisition initial purchase!
Take those out of the current liabilities and you'll see the existing business made money haha
We have been through this also and it is because of the...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
