Dear Hopeful NET share holders.
I cannot get my head around a company where investors want to buy shares based on hope for a company that has such a disastrous track record.
Published results below
It made a loss in the 6 months to December 2017 of ($5,708,663)
The revenue for the last six months was $20,320 - Twenty thousand dollars only.
The 17 positive announcements since 2014 resulted in nothing. Why would anyone believe any other positive announcement.
TOTAL LOSSES to DATE ($36,778,054 ). thirty six million dollars and the losses are getting bigger not smaller in the six months comparison.
LIABILITIES are $8.3m more than assets. Thats a net deficit and must have bordered on trading whilst insolvent except for directors deciding they might be able to trade their way out with debt support.
I find it very difficult to see the silver lining in this one.
Good luck to all long suffering NET shareholders and I very much hope the China solution for sales works and prosperity arrives for you all.
NET Price at posting:
3.2¢ Sentiment: Sell Disclosure: Not Held