GTG

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5.0¢ genetic technologies limited

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masterldl

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06/09/19

16:05

Post #: 40342355
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Originally posted by kojamoz: ↑

This company is a dud. Rang on Monday to ask some questions about some concerns I had. No answer, left a message. No return phone call on Tuesday or Wednesday. Rang back on Thursday and spoke to receptionist who sounded lovely but said that no directors were available. Finally got a call back today.

Blockchain: Asked about the JV deal with Blockshine that the company had stuffed up ASX rules with and that we paid $250k for. Blockchain is no longer a priority but may add some value in the future (Whatever that means) Asked about the 250k, from an accounting side, it'll probably just be written off. The attitude to a quarter of a million dollar loss because of GTG's stuff up was staggering, sounded like 250k was nothing.

Launched tests: Didn't know too much about the operational side of things. I asked whether products had been launched, he said they had. I asked if I could buy a test kit today, he said he thought so. I asked why we hadn't made any money from sales, he couldn't answer.

He did say that he would get someone to call back with those answers, I told him not to bother as I won't be a shareholder for much longer.

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Thanks for the update mate,
Get out while you can!

GTG Price at posting: 0.5¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $7.270M

Open	High	Low	Value	Volume
5.0¢	5.1¢	5.0¢	$6.24K	123.5K

Buyers (Bids)

No.	Vol.	Price($)
1	208333	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	19249	1

View Market Depth

No.	Vol.	Price($)
1	80	0.047
1	22222	0.045
1	227272	0.044
1	55000	0.043
2	205000	0.042

Price($)	Vol.	No.
0.052	19249	1
0.053	25000	1
0.058	10000	1
0.059	73500	1
0.065	35590	1

Last trade - 15.36pm 19/07/2024 (20 minute delay)

GTG (ASX) Chart

Thanks for the update mate,Get out while you can!

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Talking Australia's very competitive property landscape: Realty Talks

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Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

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Thanks for the update mate,Get out while you can!

Top Stories

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Talking Australia's very competitive property landscape: Realty Talks

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

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Metalicity looking for offers on Admiral Bay zinc project

Featured News

Buyers (Bids)

Sellers (Offers)

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