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@chukExamine financial statements - Half yearly Report and...

  1. Merchant2000
    20,601 Posts.
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    25/01/24
    12:30
    Post #: 72063417
    @chuk

    Examine financial statements - Half yearly Report and Quarterly

    And then advise others here that the reason for 7.5c new 3 year lows is the Bear Market in Small Caps

    If you examine the financials you will see why the SP will most likely go even lower - yet your only focus is Green Ammonia -lol



    This is well overvalued on fundamentals - balance sheet etc and will adjust accordingly like all others at this end of ASX

    Seriously $5m or so staff cost and admin - Corporate costs for 9 months is unacceptable

    @Carlton123 is correct a MC of $9m is generous considering of cash requirements and going concern statement from auditors


    IMO




    Last edited by Merchant2000: 25/01/24
    MNB Price at posting: 7.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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