WAG 0.00% 29.0¢ the australian wealth advisors group limited

Last quarter reported $43k cash and quarterly running costs of...

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    Last quarter reported $43k cash and quarterly running costs of about half that amount. A fair slice of the costs is rent that is paid to a related entity!!!

    I guess therefore that by the end of this quarter WAG will be drained of its cash. And then what ? Cash raising for another hare brained scheme? Or could it be a ASX empty shell company ready for a reverse take over and easy listing?

    I am sure that whatever is done it will not b for the benefit of the smaller shareholders.

    kippax
 
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