There is something catastrophic going on here for investors.
This should not be happening on the fundamentals of this stock.
This brings into question holding any stock on the ASX, if this administration goes ahead.
The fund managers and bigger end of town who took the placement of $100 million, will be looking at remedies here, one obvious one would be an injunction to stop liquidators, get funding from finance company who will be in a far less sensitive place than the banks who are finally getting some scrutiny, and refinance and trade out of this into the huge infrastructure boom that is on the doorstep.
blind Freddy could make a motsa in the decade to come, all the work aligned to RCR specialty.
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