ECT 0.00% 0.2¢ environmental clean technologies limited.

share price, page-29

  1. 362 Posts.
    lightbulb Created with Sketch. 9
    Hey Bogs, I don't think you have really looked hard re the statement.. "I can't remember ever seeing a company release such an alarming statement."
    Check out Page 15 of the below 2011 Financial report for SIRIUS
    http://www.asx.com.au/asxpdf/20110928/pdf/421c8jn9m7fvd8.pdf
    May not have the same Going concern statement, which I believe accountants/auditors make based on the current set of numbers available and the environment they are made in.. ie GFC!
    The report basically states that they made a $9.2M loss that Fin Year and the share price was about $0.12c, give or take a cent.
    Even this years report had them at a Total Comprehensive loss of $1.5M with a share price of around $0.05c in July.
    How things can quickly change!
 
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