5GN 0.00% 16.5¢ 5g networks limited.

Ann: Application for quotation of securities - 5GN, page-61

  1. 5,559 Posts.
    lightbulb Created with Sketch. 654
    cash has gone from c. $110m down c. $66 less c $4m acquisition

    so many employee benefits

    Management decisions, discount Insider options paid by company loans and share buy backs of shares (mostly insiders) have destroyed this for any outside retailer let’s be honest

    At least Bevan bank rolls his companies and look at what a success his companies have become.

    look at Elon, also bank rolls his companies and look at how they’ve flourished into changing the world

    5GN has gone backwards and remaining cash is likely to get absorbed quickly by excessive employee and director bonuses and salary increases leaving outside shareholders with a wait and hope strategy

    10c rinse and repeat

    Asic should really get their hands on the accounts here. Practices are borderline. 5GN have all these subsidiaries which have zero benefit to the company

    JOKE





 
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