Gearing & NAV9 May 2013 09:23
Hi Guys,
After recently getting hammered by delving in high gearing stocks on the basis of distressed plays I am weary of getting involved in any stock whose gearing is high. this one caught my eye though and I was wondering if anyone has any idea of how it plays in terms of NAV & gearing. Have substantial sums to reinvest and recuperate. I know its silly asking questions like this on a forum, however, the big boys work together in teams and pick off each other so a little bit of help assists all round.
Cheers