I've had an idea, to try to partly suggest an explanation for this loss of control of 80%-owned subsidiary !
the problem is not stopping funding per se.
for example, Alphabet probably doesn't need to fund it's subsidiary Google
Amazon, Tesla etc don't need funding from any parent company
the problem is not being able to pay liabilities as and when they fall due
this is the financial principle at play i expect
could be a translation issue
and the doofus Fraser the Eraser is not going to understand the difference
of course getting into the position of having liabilities greater than assets is a huge probelm and failure in the first place, ffx directors are responsible
but even after debts falling overdue, a deal could have been struck, if better management was in place
(no, i don't mean a 6 cent capital raising)
"ceasing funding" rhetoric places the blame on firefinch.
"cost blowout" places the blame moreso on morila management, who are busy on social media blowing smoke up their bum
did morila have enough funds to do their jobs and they blew it?
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