-
Share
6,600 Posts.
523
08/05/20
10:03
Share
In theory, your figures are correct..
Wouldnt it be a shame if, just before conversion, 88e went into a TH for a lets say 200 :1 consolidation of capital and a major CR..
Let's face it, 88e have ..here is the aweful 88e balance sheet...
Cash at bank =$28M
Current DEBT = $16M
Current quarter cashburn = $16.3M
Total shares on issue 7.1 BILLION...
All in all not a pretty sight imo...
drifta
-