NET 0.00% 0.3¢ netlinkz limited

Obviously the revenue from the licences is totally inadequate...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. P14
    51 Posts.
    lightbulb Created with Sketch. 2
    Obviously the revenue from the licences is totally inadequate (so far) to meet expenditure. Not surprising when they had only $75k in revenue for the last quarter vs. expenses of $1.3 million.
    Doesn't say much for their cashflow planning. Perhaps if the directors paid themselves a bit less and were more transparent about the real financial situation, the shareholders would be happier. The ongoing restructure and the conga line of directors in and out in short order is a worry. Not sure they know what they are doing. When all else fails - keep restructuring and diluting.
 
watchlist Created with Sketch. Add NET (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.