An uncomfortable silence . . .
While I have the floor I'll keep talking then, just to fill the time.
Working capital costs for Q3 were $749k. Sales for Q4 were $140k
Working capital costs for Q4 were $399k. Sales for Q1 2009 - well if their costs were half you've got to think that the sales will not exceed $140k.
And why did they open their report with details of the cap raising? Because if they didn't the ASX would've shut them down today.
I dont have intimate knowledge of all 1800 companies listed on the ASX, but I'd love to hear of one that's in this much trouble.
Why do you think they were on the phone earlier this week chasing your cheque for goodness sake!
This time I make no apologies for a negative post. There are people reading this thread who are actually listening to the one-sided drivel that forms the majority of the content here, and are risking their hard earned money without sufficient knowledge of the risks here.
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