MNS magnis energy technologies ltd

Ann: Quarterly Cashflow Report, page-2

  1. 65 Posts.
    lightbulb Created with Sketch. 4
    looks like the COVID announcement on April 1st was the fools day joke to the asx and to shareholders about reducing expenses.

    1.22 million expenditure calculated from items in March quarter and 1.6 million in June quarter.

    is it the james dack effect of his sign on fee or directors decided to pay themselves in some way and not tell everyone that they changed their mind? either one it flies against what they told the market. perhaps it's due to boston payment I see in march release.

    doing some digging though and it's plain Jane to see the company had less than 500k left at 30 June.
    salaries to pay for executives and consultants and the juicy nugget on note 15 halfyearly accounts to their loving partner each quarter in trump dollars. ouch!!!!!!! are they technically insolvent if negma don't want to invest anymore

    capital raise alert
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.