AZG 0.00% 3.6¢ allmine group limited

For those that are in love with this stock, I suggest you read...

  1. 588 Posts.
    For those that are in love with this stock, I suggest you read the 2012 full year accounts in full. I draw you attention to note 6 7 33 11 12 and 16. This would have to be worst set of accounts I have ever seen. They have done all sorts of dodgy stuff to get the profit to the reported NPBT of 16M. On my maths it is closer to 2M based on note 6 7 and 33, but given notes 11 12 and 16 look equaly dodgy it was probably a big loss.

    Look...... they have been reporting a big tax loss on there tax returns since listing while telling everyone they are making a profit.

    This is just my view and you can take from it what you like but please read the 2012 full statutory accounts.

    Cheers

 
watchlist Created with Sketch. Add AZG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.