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Double ouch!!!!!This now reads like a Greek tragedy (nothing...

  1. 2,986 Posts.
    Double ouch!!!!!

    This now reads like a Greek tragedy (nothing personal ankara). Besides the massive negatives throughout the document, check out the financial position as at 30 April and contrast it with the document released only last Friday showing position at 31 Dec. Bottom line shows total equity shrinking from $3.359m in Dec to $1.895m just four months later. So re-doing the calculation I performed last Friday, the asset backing of each share on issue (pre dillution) is .007c (& that after rounding up). God help us
 
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