No meeting as this is the 3Quarter results. They are rushing the capital raisings before they have to face the wrath of shareholders after the FY results and AGM. Any corner shops showing this kind of financial results will close shop in double quick time.
For every $1 received from customers, they burned $2.57 which is an amazing 257% loss!
manufacturing & operating costs of $1.02
staff costs/admin & corporate costs of $1.55
All the bull dust news they fed shareholders are not flowing through the accounts. Receipts from customers of $828,000 this quarter is HALF of the $1,444,000 per quarter in the 1H received from customers. Have to be Idiots to lose $2.57 for every $1 received from customers. The more they sell the more they lose?
AT1 Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)