TEE 0.00% 10.0¢ top end energy limited

big wednesday, page-4

  1. 404 Posts.
    Finally something to write about! 10 weeks off the market and to top it off the Annual Report paints a bleak picture:

    * 6 Million dollar loss for the year! (as opposed to 2.5 Million loss the prior year).

    * Net Assets of -1.5 Million! (as opposed to 4.2 million in the black the prior year).... WTF!

    Timing of the release is both good and bad - The SP will fall dramatically when TEE relists but majority of major shareholders are going to wait for the quarterly results before making a decision.

    Having said that the quarterly will need to be the greatest result every produced by TEE in order to save the company.
 
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