NET 0.00% 0.3¢ netlinkz limited

Ann: Netlinkz China enters into a new city in China, page-15

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  1. 83 Posts.
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    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.
 
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