SHK 0.00% 0.5¢ stone resources australia limited

stone resources - have i done my investment?, page-8

  1. 368 Posts.
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    I had typed a more well thought out response, but think I lost it some how. Briefly, check out note 1(f) on page 21 of annual report. Material uncertainty about ability to continue as a going conern without support of parent entity, Stone Resoures Limited, but parent has recieved a US$13M loan from China Development Bank. If I still held, I would research parent entity, which is listed in Canada or Hong Kong from memory and therefore some info available.

    Good luck to all who still hold - having sold the last of my holding at a loss just before the trading holt/suspension, I feel your pain.
 
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Currently unlisted public company.

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