Is that it bas? Are you going to regurgitate the same...

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Jasox

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23/01/19

12:44

Post #: 37198469
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Originally posted by Basileus ↑

Originally posted by Jasox
Perhaps you should do the same. Focus on the facts rather than spreading useless speculation and negative opinions.
Like this you mean?

(p. 29 2018 Annual Report)

At 1 July 2016 the accumulated loss was ($14,495,432) - yep just on 14.5 million!

At 30 June 2018 the accumulated loss was (28,249,168) - yep you got it - they nearly doubled up on the accumulated losses.

2018 Annual Report (p. 31)
"During the year, the consolidated entity incurred a net loss after income tax for the year ended 30 June2018 of $4,529,310 (2017: $9,811,066), incurred net cash outflows in operating activities of $4,526,096(2017: outflow of $3,692,518), and had a net current liabilities of -$338,759 at 30 June 2018 (2017: net current liabilities of -$1,047,650).The ability of the consolidated entity to continue as a going concern is dependent onsecuring additional funding through capital raising to continue to meet its working capital requirements in the next 12 months."

Those are the most recent facts - ignore them if you choose to but I tend to sit up and take notice when the auditor uses terms such as 'going concern' and puts conditions to that term.

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Is that it bas? Are you going to regurgitate the same information every couple of weeks going forward? you can do better, surely.

Seems a fruitless exercise but whatever floats your boat.

TV2 Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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Is that it bas? Are you going to regurgitate the same...

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