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Old 25th Nov 2022, 20:46
  #369 (permalink)  
Ladloy
 
Join Date: Jul 2018
Location: Sydney
Posts: 637
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Originally Posted by Icarus2001
Thanks Ladloy for assuming I used an acronym without knowing what it meant.

Rent - do you think they own all their operating locations?

Depreciation - Office equipment, computers, cars, GSE. Plenty there.

Amortisation - I don’t know.

Like I said, it is a number assigned to profit without having paid your rent, or accounted for other costs, meaningless.
Wasn't me mate, twas Deano.
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