Generally concerned with the low cash on hand. The amount of time and money wasted on Ecogas is ridiculous and now shareholders are left holding the bag. I know for a fact my shares are basically worthless right now. It's another 6 months wasted when they could have been constructing VIC1 and SA1 in that time. I also think Yarra Valley is a mistake, how is an $8m marketcap company with $2m in cash going to complete a $45m project? After Ecogas I would of never touched an EPC contract again and just focused on joint ventures with Palisade & Brickworks.
Without the Ecogas disaster I'd say we would of been at a $25m marketcap right now and progressing strongly.
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1 | 12788 | 0.039 |
2 | 29000 | 0.032 |
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1 | 120069 | 0.022 |
Price($) | Vol. | No. |
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0.046 | 5070 | 1 |
0.048 | 25000 | 1 |
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