I think this company is doing its best to come out from the recent lows
The quarterly report shows +ve numbers and the cash flow is positive
They have +ve cash in bank
All they need is just couple of months time to focus on the operations and soon will see more profits
All numbers look good to me and there is no debt with +ve cash flow
Market Price at 11/11/2013 16:45 $0.01 Last Equity Date 30/06/2013 No. Ordinary Shares (m) 1,754.86 Market Capitalisation $17.55 Avg Daily Turnover 4.36 Year High - Market Price $0.03 Year Low - Market Price $0.009
Total Assets $39.15 Goodwill $0.00 Total Intangible Assets $1.63 Total Cash Equivalents $1.14 Total Liabilities $0.34 Total Interest Bearing Debt $0.00 Total Equity $38.81 Less Minorities $0.00 Less Non Ordinary Equity $0.00 Net Ordinary Share Equity $38.81 Net Debt to Equity Ratio 0.0% Normalised ROFE 2.4% IRR -8.6%
AKK Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
