MYE 0.00% 19.0¢ metarock group limited

Did I read this right? They are insolvent as of December 2022?No...

  1. 545 Posts.
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    Did I read this right? They are insolvent as of December 2022?

    No cash left, $20 million worth of assets left after debt. With 16 million being “non tangible” and 4.1 million being tax.

    Mind blowing,
    140 million of liability (after receivables etc) 6 million profit on paper… 23 years to recover.

    Something doesn’t add up, surprised M resources didn’t pull out.
 
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