GGX 0.00% 0.1¢ gas2grid limited

Ann: Quarterly Activities Report and Cash Flow Report, page-2

  1. 1,544 Posts.
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    Been a big fan of this stock in the past..but why would you
    want to offer 0.002c/share when Company is basically broke with
    almost around $9 mill.cash support in Director loans outstanding..no near term
    prospect of any cashflow and little more than keeping the doors open
    expenditure over next Qtr... and perhaps a query by ASX
    surrounding 'activity" levels..

    Just a few questions for holders to keep in mind...in terms of any perhaps
    potential ASX "suspension" issues..as Management has already made
    it known that GGX is not a bottomless pit in terms of Management
    financial support....which at the moment appears to be the only source of operational
    funding.

    Cheers
 
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