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1.5¢ optima technology group ltd

Ann: Letter to Shareholders, page-8

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george2020

141 Posts.

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23/05/24

11:27

Post #: 73972223
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Originally posted by martincooper: ↑

Yes, I am. I lost interest in this one, until it goes back on the exchange, if it ever does.

A couple of points worth noting here:
Drewett Pty ltd was created on 31st July, see ASIC https://connectonline.asic.gov.au/RegistrySearch/faces/landing/panelSearch.jspx?searchText=670137292&searchType=OrgAndBusNm&_adf.ctrl-state=11y9mpa74f_15
Need to understand the impact of the Australian contracts on the ARR, and the removal of 20 employees on the OPEX.
Key employees are still at Optima, so keeping on eye this one.

I have found some companies going into voluntary administration and going back on the exchange, but the value was significantly less.
I am still not clear on what triggered the voluntary administration, I can only assume some scenarios.

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any idea how we can book loss in Optima with ATO
OPA Price at posting: 1.5¢ Sentiment: None Disclosure: Held
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0 Great analysis

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