CT1 constellation technologies limited

Hi @Gladiator2 , just looking at the Annual report it states on...

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    Hi @Gladiator2 , just looking at the Annual report it states on page 1 "Total liabilities at 30 June 2015 were $846,100"......
    The last quarterly has cash at $1.717 million......
    The repatriation of China funds is $1.573 million.....

    Taking into account the current SP of 1.4c I came up with an EV of minus 240K......

    I'm no expert at deciphering these reports so would appreciate your feedback on whether I have crunched the numbers correctly.......

    Also from the last quarterly "Annualised cash burn is now less than $300,000 per annum.".........lots of cash, no debt and very low cash burn.........

    Cheers
 
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