management should be proud , page-37

"(Whose is paying divident????And making moneys at the same time?)"

phmforlove,

They are not making money. They are spending more than they are making year in and year out.

Hence why they are continuously selling assets to keep the cash coming in.

As for the dividends, IMO that is a bit of a cover up.

Because usually the divvies paid are not fully franked. And that, to me, means that they are in fact making losses.
If you undertsnd basics accounting, that is all it means. Because if they were makink taxable profits, and paying taxes on your profits accordingly, we would be getting fully franked dividends instead.

Please DYOR.


RUDDERS,

As for Autosime, I think he left the scene, same as many before him, after realising that he wasn't going anywhere with this company even with his ramps, and wasting his time and of course making losses.

To trade this thing, you have to have very big proverbials, because it can cost you dearly.


And for sureshaus comments,

sureshaus,

I do agree with you that this may be the only solution left for this company, and put us all out of this misery.

But while they (Management) are getting paid big money and handsomely too, I am sure they won't do it. Why would they...!!!

Good luck all,

Buddy