> Can we assume that if the $26M had not gone missing this company would be on its way to profit.
No we cannot. It just meant they ran out of cash faster and in rather more dramatic fashion.
Their gross margins are terrible and their revenue projections have never been close to reality compared to their customer receipts.
AFR - Cap Raise, page-8
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Mkt cap ! $22.19M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 24 | 6675164 | 1.6¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1986172 | 1 |
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| DUB (ASX) Chart |