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David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. As with many other companies West African Resources Limited (ASX:WAF) makes use of debt. But the real question is whether this debt is making the company risky.
Why Does Debt Bring Risk?
Debt is a to...
>>> Read more: West African Resources (ASX:WAF) Seems To Use Debt Quite Sensibly
Why Does Debt Bring Risk?
Debt is a to...
>>> Read more: West African Resources (ASX:WAF) Seems To Use Debt Quite Sensibly