BBX 0.00% 24.0¢ bbx minerals limited

Macquarie Bank accused of manipulating stock, page-18

  1. 11,185 Posts.
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    I like the one that talks about the company needing funds constantly it shows just how little he understands this particular situation.

    Why are you now making fun of the BBX auditors. Is there anyone in this world that you don’t think you are better than.

    We draw attention to Note 1(c) of the consolidated financial report, which indicates that the Group incurred a loss before taxation of $1,523,750 (2016: $433,161) during the half year ended 31 December 2017 and as at balance date held cash of $596,498 (30 June 2017: $1,201,265) and had current liabilities of $503,603 (30 June 2017: $576,163). These conditions, along with other matters as set forth in Note 1(c), indicate that a material uncertainty exists that may cast significant doubt on the Group’s ability to continue as a going concern. Our opinion is not modified in respect of this matter."
 
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Currently unlisted public company.

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