Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7

  1. 1,712 Posts.
    lightbulb Created with Sketch. 1480
    I love your insights and post as always Captain.

    My favourite part is we’re in a strong financial position with $8.4M cash and we used $4M of this to pay off the 20% bad topwei loan. Meaning $1M annually in fees for 3yrs now is gone!

    I wonder what Jat is planning to use the $4M for? Why didn’t Jat/Wilton just paid the loan in full in the first place instead of raising it at 1.9c but only raised $1M and we end up using $4M cash anyway. Sp was 2.1c to 2.2c at the time. I’m sure Golden Bricks topping up at that level from 10% to 15% holding at that price range totalled $2.2M wasn’t impressed.

    I’m looking forward to our rewards this year. From the cr, Jat was telling investors the 4 months to June there’s already $10M plus new orders with ANMA on immunity support products alone.

    Golden Bricks bought the news and top up again on Jat from 15% to 19% totalled $2M.

    My money is with Golden Bricks. Hopefully what is lacking with current director will be covered by Golden Bricks. They seem to be very keen and very aggressive to get what they want imo.


 
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