GTG 0.00% 3.9¢ genetic technologies limited

Ann: Acquisition of Global Direct to Consumer Ecommerce Business, page-7

  1. 3,084 Posts.
    lightbulb Created with Sketch. 47

    What they're buying another empty shell with overheads ie staff.
    They don't own any of the tests they sell thru these web portals...

    They're blowing through the Bank of GTG, $2mil last qtr now even more staffing cost liability.
    GTG Bank, $18mil down to 11m it better start reversing soon.!

    The moneys in the GeneType products which is B2B, except for the Covid test @10$ea while to host sells them for $175ea..
    How many sold last qtr???

    The back slapping while blowing through the Bank is unbelievable, thats why we're seeing a SP = 0.003
    all new 12month lows for GENE & GTG.
    GR8 for shareholders.
    NFI

    No insider confidence.
    No insider buying at these low SP bargain prices???

    GLAH.
    .

 
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