How can you owe the tax office $3.9m and still argue that you are solvent. The tax office should have put them out of their misery months ago as they owed $3m the previous year. The ATO is not a bank and should not fund desperate small caps.
If we assume all the money raised paid the ATO and other short term loans - there would be nothing left from the capital raising and the company is still burning cash.
Basket case.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.231M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 659927 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 400000 | 1 |
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| Last trade - 16.21pm 31/07/2025 (20 minute delay) ? |
| AU1 (ASX) Chart |
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