they stated loss at 0.02 cents when it is actually 2.12 cents. calculation as follows 309,725,145/$6,572,000=2.12cents so it is 106 times to be exact. not sure why they are comparing $ figures in one year and next to it quoting cents. If you look at it side by side like it is it appears the losses have been reduced by 97% but in reality it is by 60%. Improvement but still poor outcome. Still burning cash.
dafter, the NTA figure is correct as it shows a $ sign. $0.036 or 3.6cents per share from 12c per share. We might see 3.5c in share price shortly.
I still find it poor that someone like price waterhouse coopers cannot see such errors before issuing the results or not picked up anywhere else before being released as market sensitive. Additionally, there have been no corrections issued.
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