Friday October 20, 2017
My students built Lego sculptures said the queer feminist Sussex University lecturer
Would you Adam and Eve it? Breakthrough at the Greek Hovel it is all systems go
OECD tells the peasants of Britain to vote again on Brexit to save economy but do you remember its lies from 2016?

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Telit Communications: what the bears saw, it's about the balance sheet stupid

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

After my earlier story about the covenant breach which is, I am increasingly sure, a smoking gun, I explore some trends shown by the financial statements of Telit Communications (TCM) that may have been some the red flags that resulted in hedge funds making Telit the most heavily shorted AIM company - this is all about the balance sheet. It also highlights why some type of fund raise, equity or debt, was almost inevitable in May - without it the lights would have been switched off by now.

Read the full article on ShareProphets | Comments
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