I don't know how this passes a going concern test. KPMG should lift their game here. This company is in serious trouble. Let's not forget, this half is usually their better half...
A revolving door of NEDS and CFO's, a family managed company that is clearly mismanaged (and dare I suggest, dishonestly managed?) and ASIC is fast asleep.
If you do a quick analysis, half their short-term assets are dubious at best, and most likely non-existent.
Also, they bought a company, of which part of the deal included a plane that now does not exist. And absolute silence! How many contracts have they broken? How much of their short-term assets is lost deposits and legal fees?
I do not believe a word these people say.
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I don't know how this passes a going concern test. KPMG should...
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Last
8.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.05M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 12 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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9.0¢ | 49999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12 | 0.086 |
1 | 100000 | 0.061 |
1 | 30000 | 0.060 |
1 | 9100 | 0.055 |
1 | 100000 | 0.052 |
Price($) | Vol. | No. |
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0.090 | 49999 | 1 |
0.115 | 10000 | 1 |
0.135 | 43682 | 1 |
0.140 | 7815 | 1 |
0.150 | 70000 | 1 |
Last trade - 16.14pm 21/05/2024 (20 minute delay) ? |
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