QTG 0.00% 0.4¢ q technology group limited

WellThis one has NEGATIVE $1.3 million in the kitty (never seen...

  1. 3,265 Posts.
    Well
    This one has NEGATIVE $1.3 million in the kitty (never seen that before, and a bank overdraft of $1.532 million dollars ....Slightly cash flow positive last quarter but does not seem to be anywhere near enough to extinguish these debts,,,

    In short, IMO this is an extremely risky proposition have seen others in a better financial position disappear of the boarse IMO..
    CR would be needed IMO urgently...

    Anyone like to enlighten me as am looking for a punt but steering clear of these types of no cash plays..too risky
 
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Currently unlisted public company.

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