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There have been red flags out there for years - here is one from...

  1. pikel1980
    458 Posts.
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    04/05/18
    14:05
    Post #: 32887957
    There have been red flags out there for years - here is one from The Australian in 2016.

    https://www.theaustralian.com.au/bu...d/news-story/aba14422bf1b01ac1985694e3eb443d6

    Its just that whenever somebody took a negative view to the stock, they would shut them down with legal threats - Look at the response to Glaucus, they engaged their lawyers and asked ASIC to charge them. For me the simple test is when a company has to raise capital to pay dividends - MASSIVE red flag.
    BLA Price at posting: $2.76 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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