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14.5¢ k-tig limited

Something does not look right , company is carrying 32M in tax...

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plough

33,480 Posts.

1741

22/02/24

21:23

Post #: 72546907
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Originally posted by Value17 ↑

This is what happens when you have greedy directors raising money continuously from the market to pay massive salaries. The only good thing to come out of this, is that the free shares handed out to directors are now worthless, so they lose too not just Mum and Dad shareholders. Pity they were the only ones to benefit from the high wages they received.

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Something does not look right , company is carrying 32M in tax losses , which has value , but company goes into admin without doing a cap raise , why did the company not partner with the English company that looked like had Govt contracts , would not those tax losses carried forward if accepted by the govt have prevented the need to pay considerable tax expenses so are an in a way an asset ?

https://app.sharelinktechnologies.com/announcement/asx/a0e2a1f05270fb646bb95412670d3845

KTG Price at posting: 14.5¢ Sentiment: Sell Disclosure: Held
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