Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-139

  1. 206 Posts.
    lightbulb Created with Sketch. 85
    It's good to see the company heading towards a more positive direction. However on the converse, it would take a lot and years before the company would even remotely touch 5c let alone 10c.

    You're 90% down, I guess the only way for you is either sell out or hold until either this gets bought out/bankrupt or a miracle to happen. At 10c this company would be worth 400m which is laughable with the current revenue; and this is not including future cap raises or share issue which could dilute the SOI even more. Even with current numbers, this would still be considered overvalued.
 
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