Disgraceful beyond words. I don't think I have seen a larger divergence of likely actual 1H results from that suggested or inferred given the number of positive sales announcements and positivity expressed at the AGM just one month off balancing the books for the half.
Given our net equity was $42m at June 2023, they have managed to blow up between 30% and 35% of it within 6 months!
Well done!
Well disguised!
How can they deliever this after making the following assertion at the AGM in late November - quote - "Based on current sales and business development activity being progressed aroundthe world, and the continued tailwinds for the sector, the Group is positive aboutmaintaining continued revenue growth and profitability in FY24."
All credibility lost and on the basis of 'fish go rotten from the head down" - start the clean out with the CEO. He has come across as a true Disallowed salesman. The market will go balistic about this!
Disgraceful beyond words. I don't think I have seen a larger...
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Mkt cap ! $15.40M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $14.18K | 95.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 59395 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 15.5¢ | 5000 | 1 |
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| Last trade - 15.25pm 31/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 14.5¢ | 15.5¢ | 14.5¢ | 44981 | ||
| Last updated 15.55pm 31/05/2024 ? | |||||
| HCL (ASX) Chart |