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Ann: Appendix 3B, page-7

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Dalyo

43 Posts.

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22/12/19

02:57

Post #: 42089084
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Originally posted by Basileus: ↑

Perhaps, it's the same calculator that had them thinking that the last CR was going to be 8.0 cents but then the calculator or someone's calculations scaled it back to 3.5c!!

10 million shares for this - 50 million shares for that ... appalling decisions. Maybe, someone should send the BOD a simple definition of what 'dilution' represents.

Why don't they use cash to buy things ... oh that's right ... the cash in the bank is probably retained to pay for services provided by AGMPL and just in case the BOD decide to make another interest free / unsecured loan to related entity.

I wonder why AGMPL doesn't take shares as payment for the, "management services" agreement? I think I know why but I reckon others can figure it out for themselves - it's not too hard.

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From a financial perspective this company is in a shambles.It'll most likely going to have to keep issuing more shares over the next few years to keep opperating.I can't see them making a profit anytime soon if ever. PURELY SPECULATIVE. Only my opinion.

CGB Price at posting: 1.4¢ Sentiment: None Disclosure: Held
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Ann: Appendix 3B, page-7

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