FTN COCOA INTERIM NINE MONTHS RESULTS FOR THE PERIOD ENDED SEPTEMBER 30 2014
Revenue (Millions)
2014 N166.8
2013 N224.2
%age Change (-26%)
Loss After Tax (Millions)
2014 (N403.7
2013 (N336)
%age change (-20%)
Loss Per Share (Kobo)
2014 18.35
2013 15.27
%age Change (-20%)
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Wonderful, if instead of borrowing to finance for projects right issues is not bad. It is good to know that shareholders will accept the rights wholeheartedly when they re rewarded with bonuses first since the company is in more need of money there shall not want to pay dividends
Thank you Chibuike!, I thought I was the only one who saw this…obviously not everyone can think very well like a core investor