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If they hadn't received the $1.5 million of job keeper payments...

  1. Mikey1976
    40 Posts.
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    31/08/20
    23:30
    Post #: 46971059
    If they hadn't received the $1.5 million of job keeper payments before 30 June 2020 the net asset position of the group would be negative by over $250,000. I can't see how a loss making group like this can legally continue to incur debts to suppliers, bankers employees etc. I'm sure COVID wouldn't give the Directors a get out of jail card when this goes under.
    VRS Price at posting: 3.7¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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