CMQ 0.00% 8.3¢ chemeq limited

good news..., page-4

  1. 830 Posts.
    re: what a tight noose. 18,000 units of 20 litres is 20tpa? 20 litres at 5% = 1 kg API x 18,000 = 18 000 kg!

    And where is that massive improvement in production capacity?

    This company is a real dog -
    Bad Management -one that has a problem with corporate governance according to the ASIC charges.
    A chairman that doubled his remunerations and his board members' in a year of extreme bad performance.
    A chairman who crowed about the great logistic discovery in sending a sample to New Zealand.
    A chairman who crowed about how unusual for MHI to subscribed to unsecured bonds only to have them secured immediately there after.
    A great white knight who signed a $1.5M contract just in time for the 2004 capital raising that ended up with less than $40,000 revenue last fy. The great white knight had since came to the rescue again with a $1.4M sales contract. $1.5M + $1.4M contracts = $1.4M shipment in the next 9 months.

    Just dont add up!!
 
watchlist Created with Sketch. Add CMQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.