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Ann: Chairman's Address - AGM, page-35

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  1. 10,600 Posts.
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    Funny you should ask, I was just this very moment looking at this one wondering what had happened. Stone silence all round it seems since the last burst of life on the 18th November 2016, although it was going to kick in to gear on the 22nd November 2016 it didn't happen. That is over 4 months of flatlining so in medical speak it could be pronounced dead.

    About $20m accrued losses.
    No recognisable core business.
    No core revenue to speak of.
    No cash reserves to speak of.

    And as a shell it doesn't have too much to offer buyers either as the current market cap makes it one of the most expensive around unless the accrued losses can be used.
 
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Currently unlisted public company.

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