With $24k in the bank at the end of last quarter and fixed recurring debts of $58k per quarter this company is at this minute staring down administration. I'm sure, if the ASX is doing its job, questions are now being asked.
At the end of the quarter the company will be in the red to the tune of approx. $34k just in time to hold its AGM. That will be a good time to call it all quits and stop paying these Board members undeserved wages.
Who in their right mind would be sitting on the buy side of this market.
Why haven't the Board reported on the land settlement in Brisbane? Why didn't they inform a status of activity in the quarterly?
With $24k in the bank at the end of last quarter and fixed...
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Last
0.6¢ |
Change
0.001(9.09%) |
Mkt cap ! $13.74M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $5.98K | 996.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3040928 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 5490597 | 3 |
View Market Depth
| Last trade - 12.53pm 29/07/2024 (20 minute delay) ? |
| BPP (ASX) Chart |