jeezil
The content of your post is inaccurate.
Please read the half yearly again, especially the following:
"The net amount of the consolidated operating loss after income tax attributable to the members of the
Economic Entity for the six months ended 31st Dec. 2007 was $1,017,095 (2006: loss $1,267,417).
The Group continues to expense its Research and Development Costs and remains debt-free."
You might also consider reading the annual report as well for the financials contained in that, especially the following:
"4 TRADING RESULTS
The net amount of the consolidated loss after income tax
attributable to the members of the Economic Entity for the six
months ended 30 June 2007 was $1,269,744 (2006: loss for
twelve months $2,127,526)."
As you can see the loss has been reduced in the latest half yearly.
Cobby
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