Look at the history of the "term deposit": it appeared in their accounts at the same time at McGovern's initial legal issues in 2017-18.
It's worth noting that each time he was sued the action was settled or discontinued. You might ask where the money came from in order to make these issues go away.Here's a history of the "term deposit" and how they describe it from their quarterlies and annual reports:
March 2018: $0m
June 2018: $2.01m
Sept 2018: $0m
Dec 2018: $2.7m
March 2019: $2.7m
June 2019: $2.7m
Annual Report 2019
Cash on call deposit $2.7m
"The cash on call deposit can be called back at any time by the company."
Sept 2019: $10m
Dec 2020: $10m
March 2020: $10m
June 2020: $10m
Annual Report 2020
Cash On Call Deposit $10m
"The cash on call deposit can be called back at any time by the company."
Sept 2020: $5m
Dec 2020: $20m
March 2021: $20m
June 2021: $20m
Annual Report 2021
Cash on call deposit $20m
"The cash on call deposit can be called back at any time by the company."
Sept 2021: $30m
Dec 2021: $30m
March 2022: $30m
June 2022
Annual Report 2022
Investment of cash at call deposit 30000
"Cash at Call deposit is a cash term deposit held with a AA3 rated financial institution with 90 day rollover terms and a 31 day call back in the name of the Company's legal firm as trustee for the Company."
First mention of a trust account
Annual Report 2023
"Cash at Call deposit is a cash term deposit held with a AA3 rated financial institution with a 31 day call back in the name of the Company’s legal firm as trustee for the Company."
- Forums
- ASX - By Stock
- News: DUB Dubber Corp Announces Dismissal Of Managing Director & CEO Steve McGovern
Look at the history of the "term deposit": it appeared in their...
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DUB (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.2¢ |
Change
0.002(5.00%) |
Mkt cap ! $37.77M |
Open | High | Low | Value | Volume |
4.0¢ | 4.3¢ | 4.0¢ | $49.41K | 1.208M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 107646 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 25000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 107646 | 0.040 |
2 | 250000 | 0.039 |
7 | 711171 | 0.038 |
1 | 150000 | 0.037 |
6 | 1462514 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 25000 | 2 |
0.045 | 77602 | 5 |
0.046 | 25000 | 2 |
0.047 | 14000 | 1 |
0.048 | 54168 | 3 |
Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
|
|||||
Last
4.2¢ |
  |
Change
0.002 ( 5.00 %) |
|||
Open | High | Low | Volume | ||
4.0¢ | 4.3¢ | 4.0¢ | 376532 | ||
Last updated 15.59pm 13/06/2024 ? |
Featured News
DUB (ASX) Chart |