BGD 0.00% 25.0¢ barton gold holdings limited

Ann: Quarterly Cashflow Report, page-19

  1. 870 Posts.
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    Just trying to understand recent notices.
    We have:

    a) Quarterly announcement: Barton lost $5 million in a quarter - must be the biggest losing junior on the ASX. That's $20m per year.

    b) ASX Appendix 5B query: Barton does not have funds to cover 1 more quarter

    c) Multiple ASX announcements of change in significant holding: THREE of the TOP 5 holders have filed changes in significant holdings, all selling.

    https://hotcopper.com.au/data/attachments/5930/5930610-25c4d2b30780e729b584ed9fea1b6362.jpg

    Do you think this is just chance? Because it makes me nervous.
 
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