i see the going concern accountants are explaing why they are flush for cash on ff today
M
15 kent
12 morelos
12 kamara
12 etc....
i wonder what their values would be if they were solvent and making profit each year
Lmao
-25 million in a year they done well both domestically and europe
Means you need to cut your wage bill or you might have -25 next year
and if you are struggling to pay your bills on time with extraordinary opaque accounts nobody will pay more than token fee to take yopur best assets
just ask why dundee sold so many of their best players for pittance when they had serious cashflow issues back in the day
serious cashflow problems seriously effect your asset prices
going concern issues are firesale prices
but not at snake mountain
not only do i doubt they would get those figures even if they were cash solvent I donyt think they would get 0.5 the prices they are quoting
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