AEB 0.00% $2.57 affinity energy and health limited

Ann: Appendix 4D Half Year Report, page-2

  1. 11,013 Posts.
    lightbulb Created with Sketch. 1818
    Wow! What a report.

    Zero income from sales.

    Zero Net Tangible Assets.

    Their Feed Me product, which was launched in April 2017 is stocked in just 5 stores worldwide and to 31/12/17 has not generated one single cent of revenue!

    The only reason their net equity is positive is due to the multiple capital raisings they have undertaken.

    But don't you worry about that, they are in the MC space and have new management so they'll be a billion dollar company in no time! Wink wink, nudge nudge!
 
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