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I think you mean $1,000 revenue... in the last 3 months.Once...

  1. 2,691 Posts.
    lightbulb Created with Sketch. 1198
    I think you mean $1,000 revenue... in the last 3 months.

    https://hotcopper.com.au/data/attachments/6147/6147181-dfc7f78e0b949fd5ca2bfa6beb4ee2ff.jpg

    Once funds and draw down facility run dry and directors can't get paid, this will get delisted IMO. I'm surprised it still meets the ASX listing criteria as it is.

    They have access to $583,000 of funding they can keep withdrawing to pay themselves (between cash and finance facility).

    Director taking $62k for a single quarter? Ludicrous. I do wonder why management haven't been handed their asses to them by shareholders at their annual meetings. No accountability for such a poor performance. I can only assume anyone invested has likely written this as a tax loss.

    https://hotcopper.com.au/data/attachments/6147/6147184-283a59b9dd2db4b65c9e64230ac73494.jpg

    IMO DYOR
 
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