The brokers at Prescient Securities were listing this crap. Told everyone it was a high growth business that was around for 20 years. The broker must be reported to the fsb for lying to investors
Hmm, looking at their balance sheet I tend to agree with you... Their single biggest asset is "Loans to Shareholders". Given the shareholders' shares in Visual have more than halved in value since their listing, does this shareholder even have enough value in assets to repay this loan from Visual?
If this loan must be impaired... well, wonder if this company will be around in the next 2 years.