Well said Sidage - blaming CoVid is consistent with this board and management deflecting responsibility and accountability from day dot. Before this it was the global MM market swing that copped the blame. Soon they will be blaming the weather. Cheeky releasing the announcement under the radar last evening and after market close.
a best case scenario would be Mildura staged commissioning from mid/late 2021. Those cash flows that had been promised in all the fancy slidedecks are a long long way off.
personally I don’t see how this company can survive past this calendar year and what bank is going to lend them the sums of investment capital they need to scale up the converted juice factory. Where has all the $$$ gone???
Don’t see how the board directors will ever get another job on an ASX company board after this debacle. Jokers!
hopes and dreams do not constitute a valid investment thesis - watch this get smashed today
Ann: Business update, page-3
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Last
4.2¢ |
Change
-0.003(6.67%) |
Mkt cap ! $18.71M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.2¢ | $58.17K | 1.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 126944 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 4.4¢ | 84000 | 2 |
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| Last trade - 15.48pm 14/06/2024 (20 minute delay) ? |
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4.2¢ |
Change
-0.003 ( 8.70 %) |
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| Open | High | Low | Volume | ||
| 4.7¢ | 4.7¢ | 4.2¢ | 88615 | ||
| Last updated 15.25pm 14/06/2024 ? | |||||
| CAN (ASX) Chart |