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Help me out, failing to see the bright side: receives a $5.5M...

  1. JEpitome
    17 Posts.
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    31/07/24
    17:11
    Post #: 75010373
    Help me out, failing to see the bright side:

    • receives a $5.5M government grant in May '24
    • borrows $2M via multi-source loan facility at 15% interest
    • spends $1.3M on construction and commissioningcosts for HDNG Project
    • requests a stock trading halt and announces a CR two days before deadline for quarterly reports under ASX Listing Rule 5.5
    • lodges the reports on the very last day
    • quarters funded = 0.1
    • claims to have made $40K revenue in July '24
    GAS Price at posting: 9.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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