AEB 0.00% 0.9¢ affinity energy and health limited

As I and others have posted on here, you don't even need to...

  1. 6,736 Posts.
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    As I and others have posted on here, you don't even need to delve far in the past, just read the announcements from the company, repeated announcements filled with fluff and very light on actual details (one could say totally lacking substance) quarterly reports, half year reports and annual reports showing a very high cash burn rate with zero sales revenue despite repeated announcements promising about how the latest great thing from them will make a motza, a significant amount of related party transactions, a growing list of debt, convertible notes, shares on issue, etc zero net tangible assets and so forth.

    I am all for debate but really with all the red flags on this company I cannot see why any wannabe investor would touch this with a yardpole, perhaps very experienced traders with a willingness for a high risk profile, but serious investors, nah.

    Normally I don't like seeing anyone lose money to scams and the likes but with this stock and the vitriol from each batch of newbs every time they make their next "significant" announcement of how they are entering a market worth potentially billions of dollars, meh!

    Go ahead if you want to risk anything on AEB, no skin off my nose as I won't lose a cent on them. I am not that stupid.
 
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Currently unlisted public company.

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