EXA 0.00% 3.8¢ excela limited

half year report

  1. LBI
    10 Posts.
    Does anyone follow this stock?

    the share price has plummeted since the hayday's in 07.

    I just had a read over the Half Yearly report. it smells of insolvency. The balance sheet/cash flow indicates they wont be able to pay their short term liabilities as they fall due, as well as trading cash flow negative to the tune of almost $600k for the half yr.

    I would be interested in hearing anyone elses view. with a pick up in market activity they could well see a pick up in brokerage reveneue and FUM?

 
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Currently unlisted public company.

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