TEK thorney technologies ltd

rights issue at 1cent share price at 2.4c, page-7

  1. 1,406 Posts.
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    For Info,

    ARW is currently turning over App 250K per month and there sales $ have not changed for at least 12 Mths.
    There cash burn is about $200K per month.

    Therefore $250K Per Mth @ say $0.90 per Litre that’s App 3.3 Million Litres P.A current. Grant requirement is 44Mil Litres P.A. Total capacity App 88 Mil Litres.

    That’s incredible growth.
    They need Goverment Mandates and Insentives.

    ARW needs to Walk the Walk not talk the talk.

    In Principal I am a big fan of ARW and I trust the NEW directors are successful.

    But I am out.

    Please Please do your own research.

 
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