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oldolie - Fri, 02 Jan 04 :

Astonicus- why have they no overdraft facility?, the Board dodged the question at the EGM vote, for dumping the hardware section -I was there; the reason is they cannot get one, normal practice would be to use one rather than flog off our shares at huge discount to maintain cash flow.
I ask again, why in others opinion do they not have an overdraft facility?
What is their credit rating with a major bank?.
If you think you are being being slick, by putting down people who may not have your opinion, I assure you that is not the case- its puerile.
Why are they cash positive? because when they need to show positive cash flow- and (I warned 2 months ago that the year end figures would be GEM manipulated)- its GEM, causing shareholder value dilution- simple.

oh p.s.

Astonicus - 2 Jan'04 - 08:53 - 54442 of 54442 (Filtered)

tosh-merchant


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