KTG 0.00% 14.5¢ k-tig limited

Ann: Annual Report, page-2

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ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
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ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 34,273 Posts.
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    "Significant changes in the state of affairs There were no significant changes in the state of affairs of the consolidated group during the financial year."

    I would have thought going from a net equity position of $4.6M to negative $1.2M in net equity in 1 year was a significant change in the state of affairs of the consolidated group.
    I wonder how they got this past ASIC without a please explain .
 
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