QMG
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0.00% 1.0¢ quay magnesium limited

Wow, now i know what a speccy looks like.Exec chairman paying...

  1. mgm1a
    1,641 Posts.
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    23/11/10
    08:49
    Post #: 7510930
    Wow, now i know what a speccy looks like.

    Exec chairman paying himslef $500k

    Retained earnings negative $47million!

    Negative operating cashflow $4m

    P&L last 2 years showing NEGATIVE gross profit before any expenses.

    Audit report qualification re going concern....

    BTW the annual report (with Audit Report) hasn't been ann. to the ASX, only the unaudited a/cs. Can't see how that complies...ASX please wake up and send a query
    QMG Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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