Full Year Results to 31 March 2022 / Annual Report
FLLYR
Fri, May 27 2022 08:30 am
During the course of the year:
- the Company completed a 100 to 1 share consolidation in November 2021. As result of the consolidation, and after taking account of rounding of entitlements, the number of shares on issue in Ascension reduced from 1,914,888,105 to 19,148,828.
- there were no changes in the board of directors.
The focus of the Board going forward is to identify a suitable business opportunity to invest in and/or acquire through a reverse takeover transaction. Currently, there are no initiatives being investigated, but the Company will provide the market with any updates as to material developments in due course.
The financial result for the Company for the year ended 31 March 2022 is a loss after taxation of NZ$171,171, which is largely made up of the directors’ fees, NZX listing costs, and legal and accounting costs.
Announcement PDF
Markets News
Markets
Gentrack in the hunt for 10 new customers
Shares climb more than 14% on hopes of at least three or four new customers.
Markets
Another solar farm gets the nod from Genesis
Genesis Energy has approved the construction of the Edgecumbe Solar Farm in the Bay of Plenty, marking its second major solar commitment in as many months.The company made a final investment decision (FID) on the 136 megawatt peak (MWp) farm, clearing the way for work to begin sh...
Markets
NZ’s Mighty Ape still weighing on ASX parent Kogan
Management expects Mighty Ape to return to profitability in the second half of FY26.
