enterprise value/fundamentals dnt exist-, page-19

if you read the half year reports it doesnt look great
Accountant says not sure they can continue as a going concern.

Without qualifying our conclusion, we draw attention to Note 2 in the financial report which indicates that the consolidated entity incurred a net loss of $11,533,000 and experienced net operating cash outflows of $28,036,000
during the half-year ended 31 December 2010. These conditions, along with other matters as set forth in Note 2,
indicate the existence of a material uncertainty which may cast significant doubt about the ability of the
consolidated entity to continue as a going concern and whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial report.

Lets hope they can turn around