Good quarter, but after subtracting the amount owed to employees ($13.3 mil) and other liabilities, there's bugger all left for shareholders. UML has been a disaster from beginning to end, the only beneficiaries have been the board and employees, and by the looks of it they're not being shy extracting the last cent of capital into their own pockets.
ASIC 656 Cash 25mil+ Market Cap 11mil, page-3
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