TEK thorney technologies ltd

Ann: Appendix 4C - monthly , page-4

  1. 1,965 Posts.
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    That would be the logical conclusion orga, but geez they've been bleeding money for about a year now, is it $2.7m on the short term borrowing facility now? Someone asked them about the new contract and were told that the details are confidential..? I'm hoping asic gets onto this, nobody knows anything.

    Each time I see the receipts > operating costs, next month is followed by a greater loss, impossible to tell what is going on (no trend from what I can see, except for mounting losses).

    I shouldn't be holding anymore really, directors have made it clear what they think of holders. At least I managed to get out somewhat on the last spike to 2.5 - at the time part of me was thinking there might be something to it.
 
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