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Author Topic: 1/4 billion pound breakdown  (Read 1728 times)

Offline TheMalandro

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  • Posts: 13465
  • GM : 06.03.2016
1/4 billion pound breakdown
« on: January 28, 2013, 05:28:20 PM »
I've heard the 250 million pound investment figure thrown around a fair bit. Has anybody worked this out roughly?

Does it include the original purchase price?

Offline Risso

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Re: 1/4 billion pound breakdown
« Reply #1 on: January 28, 2013, 05:28:55 PM »
I've heard the 250 million pound investment figure thrown around a fair bit. Has anybody worked this out roughly?

Does it include the original purchase price?

Yep.

Offline Risso

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Re: 1/4 billion pound breakdown
« Reply #2 on: January 28, 2013, 05:39:09 PM »
The latest accounts to the end of May 2012 are due next month, but as at 31 May 2011, there was £128m in as share capital, and £114m worth of debt (£102m of which was put in by Lerner).  That will have got worse since then.  Accumulated losses were a not inconsiderable £147m.

Offline TheMalandro

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Re: 1/4 billion pound breakdown
« Reply #3 on: January 28, 2013, 05:56:55 PM »
Perhaps Randy should start lending poor people money

 


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