Seriously - where does one start with this?
I actually skimmed the document looking for some good figures - proved to be a rather difficult task.
I think there are 3 immediate areas where I think holders might want to make further enquiries.
1. Losses have increased on the previous period losses.
"
The consolidated loss for the half- year ended 31 December 2018 was $4,944,428 (2017 loss$3,809,922)."
p.2 2. Therefore, accumulated losses continuing to mount - currently standing at .
Accumulated losses Dec 18 (26,984,991) 30 June 2018 (23,617,200)3. Related party transactions and loans.
p. 45Why is there still a management services agreement (commenced in 2007) when the consolidated loss for the half
Why is there a loan of
$21,314 to AGMPL? How does this loan advantage CGB shareholders?
And where's the CGB rep these days?
![biggrin.png](https://hotcopper.com.au/images/smilies/biggrin.png)