As the article says, how do they expect to obtain new capital or a loan, given the history? They are surely technically insolvent and could have been when the last loan was granted, and it seems that if they were, the Charge they gave over the company, its subsidiaries and assets could potentially be treated as unenforceable. That would be seriously embarrassing.
Ann: Magnis Financing Update for IM3NY, page-405
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MNS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.37M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| MNS (ASX) Chart |
Day chart unavailable