APG 0.00% 0.3¢ austpac resources nl

Ann: Preliminary Final Report 30 June 2018, page-2

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  1. 541 Posts.
    lightbulb Created with Sketch. 21
    OMG
    I can not understand how this is still trading.
    Current liabilities exceeded current assets buy $780 000 back on 30 June and have only raised $180 000. They must need to raise more cash urgently just to pay the wages and rent etc.

    Also no mention of how long or how much the new plan is going to take or cost.

    No wonder large volumes of shares keep getting dumped.
    Last edited by Rob1000: 28/08/18
 
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