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0.1¢ avira resources ltd

Great CEO is what I'm hearing. Well done David Deloub. Brilliant...

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creditdumbness

2,458 Posts.

517

28/02/24

21:42

Post #: 72656346
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Originally posted by Value4983843: ↑

AVW .
Revenue: Flat lined
.
Operating Expenses: -15.54 million
Net Profit after Tax: -4.98 Million
Net Cash: +4.3 million
.
.
That was 8 months ago, what happens when the cash is depleted.

.
Their losing 5 million a year with less then 4 million in the kitty 8 months ago.
.
and paying salaries
Salary: Harpreet Chiima, 27,000
David deloub 145,000
Chris Chen: 37,600
.
Operating expenses have been increasing exponentially.
What cuts need to be made.
No bank will loan AVW money.
.
Only solution is a series of credit raises diluting Shareholder investment or cut back on non essential staff or find cheaper staff.
Good luck with that
...
Eventually the shares will be worthless.
.
Only a fool would invest in AVW in my humble opinion
.

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Great CEO is what I'm hearing. Well done David Deloub. Brilliant work. SHE is oh so lucky. And great post Value. Facinating stuff. And your copy and pasting skills of images are really second to none. Your family are so proud I bet. Why wouldn't they be proud of you.

AVW Price at posting: 0.1¢ Sentiment: Hold Disclosure: Held
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