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Old 20th Jul 2006, 16:26
  #194 (permalink)  
Paul Wilson

Nexialist
 
Join Date: Jul 2003
Location: Milton Keynes
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Totally hypothetically, have absolutly no idea of the Astraeus financial position, (but I might pay the couple of quid for the next set of results). Just never ever believe headline profit/loss figures for Private companies. As an example Philip Green took £1 Billion pounds out of Arcadia a while back, and the company only made £300 odd million that year BEFORE tax. All financed with debt. He took the debt burden from £250 million ish to £1.35 Billion to do it.
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