Ha!! You don't even know what the debts are. The quarterly shows lots of borrowing, but no loan amounts owing, and the half yearly hasn't been released.
But at 30th June they had total liabilities of $19m. Since when they have borrowed another $2.375m (net of repayments), and Bergen have taken their debt ($614k?) in shares and promptly dumped them on the market.
So by now the total debts could easily be over $20m for a company with a market cap of $7.7m - and that only because they can't trade any lower, IMO.
As milesy says, who would put money into this train wreck?
AYN Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held
