Replies to post #5708 on Africa Oil Corp (AOIFF)

[Scarbender307]

Agreed TT. I do not understand what they mean by having more cash and cash owed than equity. I thought cash was equity, I mean if they spent all the cash their Return on Equity would increase. An old guy can dream, right?

[Scarbender307]

Agreed TT. I do not understand what they mean by having more cash and cash owed than equity. I thought cash was equity, I mean if they spent all the cash their Return on Equity would increase. An old guy can dream, right?