very unusual for the Board to advise shareholders they might not be around if the EPay acquisition does not go ahead.
And they go on further to say they need to do a $2.5m placement just to remain in business.
Very unusual wording in a Annual Report......from a Board who obviously have an eye of corprorate governance and making sure they are telling everyone what will happen in advance to protect themselves.
hate to be holding SKG now.....looking very very dangerous when the Directors put this sort of wording in documents.
and what would they do a placement at now?
20c?
maybe even lower.
IF....they can do it at all with wording like that in a press release.
ITs not only the Auditor...its the Board telling shareholders.
Red Flags everywhere now!!!!!
SKG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
