As at reporting date: No tax payable for sometime yet as forward...

  1. 9,610 Posts.
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    As at reporting date:

    No tax payable for sometime yet as forward losses are mounting to around $56mill.

    Current liabilities $25.5mill and current cash around $7.5mill - would be nice if it was the other way around.

    Whilst cash increased by around $4.6mill, current liabilities are around $18mill higher respectively than as at 6 months ago.

    So question is, when will a profit be announced and when will liabilities be reduced substantially??

    Don't like the reference in the report to a further possible cr - certainly not at this dismal sp level. AIMO
 
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