HCT 7.69% 2.4¢ holista colltech limited

Ann: Appendix 4C Quarterly Cashflow Report and Commentary, page-322

  1. 18 Posts.
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    Guys, am I the only person here thinking that this is just another lifestyle company?

    The only people that are benefiting from this quarter is the management team once again. This company is a lifestyle company. Raising cash to give themselves pay-rises- year after year. Look at the latest annual report- after how many years they keep on changing their business model to whatever is selling newspapers.-raised $15M and spent almost it all.

    Anyone can sell $1Billion of stuff and make no profit in the end- and that is what is happening- look at their history- they keep selling stuff to themselves, by the looks of it, and ask you guys for handouts to fund their lifestyles- well that how I read it!!!!! After how many years, their net assets are worth only $3.5M, less than my house- so why is this company worth 13 times their net assets and not making any money? - or what am I missing?


    Last edited by BiancaB: 06/05/20
 
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