Sales growth covering operational costs - perhaps but does it cover management's oversized salaries?
One this that is set in cement (green or otherwise), is that the company needs more funds and further dilution is assured.
Guess they need more money to assist with further sales (to date sales levels have been absolutely dismal) and to repay the debt facility. Plain sailing from thereon - unless the cement sets too quick.
Nice life for some in what appears to be a lifestyle company. But don't worry - share prices will double or triple or even head to the moon soon. For now though, expect the sp to fall when trading recommences. Well done management. AIMO
Add to My Watchlist
What is My Watchlist?
