EXT 11.1% 0.8¢ excite technology services ltd

Ann: Trading Halt, page-5

  1. 5,038 Posts.
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    Look back at our last quarterly at the cash left.

    Look at the cash cost of buying Excite business.

    Also count the fact we operate at a loss and have had to borrow money for working capital and then explain to yourself how we DID NOT need a CR?

    Hopefully with the addition of a seemingly credible new business and the fact that it was partly paid for in shares (at $0.01) to new CEO means that they will broker a deal that is not too crippling to share price and existing holders.
 
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