RE:RE:RE:RE:Q2 Results- Another disaster
...touched a nerve?
...why would I invest in rubbish like this...uninvestable.... even Halo's CFO concluded that...
...so here is a tip...is a CFO resign...or sell his/her shares....sell ASAP....as proven in this case...also... look at the rest of the exec team...no skin in the game... they are milking it at this stage becuase they know the end is near.... or have you missed that part in the financials as well?
...1.5 cent/share in next three months should be your target if you are super optimistic...that is assuming you fathom the concept of working capital need & pipedream revenue targets.... revenue targets is 10 times net liquid assets....
....phew... they can't even pay their creditors at this stage....most of it is 90 days overdue.... or they issue them cheap shares like there is no tomorrow....
...but then again...that is assuming that they are still in business by then...or did you conveniently also miss the 'going concern issue' mentioned on page 9 in the financials as well?
'These material uncertainties may cast significant doubt upon the Company’s ability to continue as a going concern'
...anyway...good luck...because you are going to need it!
...my two cents...