Well! Knock me down with a feather!!
Not a hint of any financial strain in the Half Year update presentation of just 21 days ago, March 5th. This is page 20 of the presentation
In fact it all seemed pretty positive. So, what's "blown up"? What's been hidden behind some distant pile of mouldering tyres ... in the dark? Is a key person suddenly terribly ill? There's been Queensland govt endorsement; we certainly need the technology to get rid of these necessary but environmentally dreadful tyres; we've had the recent Trafigura deal announced. Appointing administrators just doesn't seem to stack up.
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- Ann: Appointment of Voluntary Administrators
Ann: Appointment of Voluntary Administrators, page-4
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