SSN 0.00% 1.5¢ samson oil & gas limited

I guess that's why we haven't been relisted.Didn't take long to...

  1. 10,780 Posts.
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    I guess that's why we haven't been relisted.

    Didn't take long to be in breach of covenants yet again.
    Still insolvent (Current Liabilities > Current Assets)
    Still Negative Equity(Total Liabilities > Total Assets)

    Why are can't the administrators be called in. There is no point to current mgmt being allowed to collect $300K salary IMO.

    Relisting on ASX ... not until they are solvent and can prove capable of remaining so.

 
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Currently unlisted public company.

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