Actually just put this on the morning d/t by mistake...
GCN - No surprising that anyone who read their 1/2 yearly would be worried about holding this co. ...
$1,752 cash on hand...
Current assets = $376,352
Total liabilities (+ non-current) = $4,104,493 (inc. $2,507,844 in trade and other payables)...
Tapping just under $1 mil. into the overdraft.....
Received over $900,000 in Jan from ATO refund & placement...
Surviving by the skin of their teeth with an overdraft & how can they pay the trade & other payables?
Desperately need funds to come in....
daytrading march 6 afternoon, page-22
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