AGH 6.67% 2.8¢ althea group holdings limited

Thanks @wasko and @amb005I am still only learning understanding...

  1. 256 Posts.
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    Thanks @wasko and @amb005
    I am still only learning understanding and the figures etc, I started to get real concern from the last Annual report, reduced holding considerably although at a serous cost, better than loosing everything, Just came across ECS and the comparison became clearer. Sad for all holders here now, the revenue grew but the loss also increased, waited to see this HY, based on the asset, the SP may be going to 0.4cents, so I cleaned out the remaining 620k shares and put a bid in ECS 800k which is yet to be filled, I am sharing my experience only to alert the vulnerable mum and Dad investors like me who would like to listen. The management is either too clever or too dumb, it is my feeling, they can't be reached, million dollar CEO, life style. I am not sure how this is going to turn around. I have little confidence that SH can do anything other than pull out. Anyways, GLTAH, "in the unlikely event of landing in the water" and surviving. Again, the revenue is 15M and loss is 16M ie it is equivalent to getting the product for free and a 6.6% of the cost as cash hand out, and losses are increasing as the revenue increases. How can this survive?


    https://hotcopper.com.au/data/attachments/6001/6001817-7d0dea07430680a6ae57f0890622cbe0.jpg
 
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2.8¢
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2.8¢ 2.8¢ 2.8¢ $49 1.76K

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1 213800 2.8¢
 

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2.9¢ 182025 2
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