Seriously - where does one start with this?
I actually skimmed the document looking for some good figures - proved to be a rather difficult task.
I think there are 3 immediate areas where I think holders might want to make further enquiries.
1. Losses have increased on the previous period losses.
"The consolidated loss for the half- year ended 31 December 2018 was $4,944,428 (2017 loss$3,809,922)." p.2
2. Therefore, accumulated losses continuing to mount - currently standing at .
Accumulated losses Dec 18 (26,984,991) 30 June 2018 (23,617,200)
3. Related party transactions and loans. p. 45
Why is there still a management services agreement (commenced in 2007) when the consolidated loss for the half
Why is there a loan of $21,314 to AGMPL? How does this loan advantage CGB shareholders?
And where's the CGB rep these days?
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- Ann: Half Year Accounts
Ann: Half Year Accounts, page-5
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