How to gauge if a company is broke
Feb 28, 2020
2 minutes
By Simon Brown
a company going broke or into business rescue is something we’re seeing more with listed shares. As investors we naturally want to avoid holding shares of companies that hit business rescue because shareholders can expect very little from it, if anything.
The cause of bankruptcy is not just debt, but extends to the liquidity and solvency of a business. A company like Tongaat Hulett is
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