GREY:HRIVF - Post by User
Post by
discernon Nov 13, 2009 6:55pm
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Post# 16486040
Other 3Q musings
Other 3Q musingscurrently they have 65 million in inventory. why?
Particularly when the cost for 90 million in outstanding debt is 8.5 million.
That works out to 9.4% per quarter, or a rate of 37.6% annually.
If the debt was more reasonable and the asset wasn't written down, the net profit should have been a minimum of
.03/share.
Unbelievable.