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"As for the "intangible assets" comment I think someone needs to go on an accounting course-ever heard of a non-cash item" "The company is basically burning no more than £250k per month" Only £3M per year. That's all right then:-) Lets see how much cash it has then... hmm not a lot.. and when it leases its last asset about £3M or so... As a qualified accountant and an ex FD I know nothing about accounting for intangibles of course..and even less about cashflows...
43 site:2us *** tdm080516 04:12 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )