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Its from Australia (the economy that has no recession) a Little article that shows you a share price, anywhere, is no reflection at all, of the truth. Now I see why AIG can be worth $15 in the US
Market says Seven networks worth $1.4 bill(aud)
PE X152
Lending obligations $3.9 bill
Nine or seven have insufficient cash flows to pay the interest bills and they allow them to trade.
Damn I live in crazy times.
http://www.smh.com.au/business/seven...1103-hv8h.html
Market says Seven networks worth $1.4 bill(aud)
PE X152
Lending obligations $3.9 bill
Nine or seven have insufficient cash flows to pay the interest bills and they allow them to trade.
Damn I live in crazy times.
http://www.smh.com.au/business/seven...1103-hv8h.html