AU8 1.67% 6.1¢ aumake international limited

I can't see this company in anything but trouble. They have sold...

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  1. 1,408 Posts.
    I can't see this company in anything but trouble. They have sold their only profitable division. It's gone. Nectar and rch by their own admission have had no meaningfull revenue since December. What's even worse is that they still appear to have onerous hire agreements with Royal Wolf. A bit like hiring trestles to paint the house and not being able to off hire them. They bought their fourth drill rig when things where turning down. Shares other than free look expensive.
 
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