Chinese fan makers hit Great Wall of debt

For any company to claim it is solvent it must be able to pay its debts as and when they fall due. And, to remain solvent, a company’s revenue must exceed its expenses - over the long haul. In China, fan makers (as well as those involved in making acres of solar panels) are saddled … Continue reading Chinese fan makers hit Great Wall of debt

When does 58.7% become 60%? When $100million per year in RECs is up for grabs

Not content with rigging the vote on whether King Islanders would have to endure the torture of a “feasibility” study, Hydro Tasmania has rubbed out the number they got - and pencilled in the result they were after. As to the idea of "feasibility" - STT puts a couple of posers: since when is paying … Continue reading When does 58.7% become 60%? When $100million per year in RECs is up for grabs