if they are losing the amounts that have been reported so far,
then they are pumping this up to distribute .
The history of the main backer here is his last 2 companies blew the lot. There were pumps to get insiders out on that as well.
Eventually the figures are just too bad, huge wages and tiny margins and so far $15 million of accumulative losses and just started operating.
They acquired their last company/infrastructure in La Trobe Valley.
Guess where Aussie broadband is head quartered, Morwell in the La Trobe Valley
Poor decisions, no wonder it was sold to SWP, its competitor AB is killing them!!
promises and next years guidance is complete garbage imo
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