One more for you also
Just to clarify that "Going concern"
I think you will find that they are in most if not all half yearly accounts or annual reports something of a similar nature regarding the companies going concern.
Here are some examples for you
I suspect ASX compliance rules means a company must have this in there half yearly ? and annual reports.
The company has been run on the smell of an oily rag since there last capital raise some 20 months ago, that was for a sum of $800,000, i suspect this small raise was to make sure they could stay operational, while also keeping there share holders best interest in mind, because when you have a top 20 holding 92 percent of the register they will have a big say of when and how they raise capital IMO
Enjoy your evening.
Ciao
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