OGI 0.00% 0.5¢ ogi group ltd

insight, page-4

  1. 948 Posts.
    Motors a bit of research shows what we were told at the notice of the general meeting so again NO money left at all + I believe still not enough to pay all creditors yet

    the net proceeds from the Disposal provide sufficient cash to significantly reduce the
    Company’s financial risk, as the funds will be used to:
    pay outstanding creditors; and
    redeem the Company’s convertible notes where the Company does not have the option
    of converting these notes to Shares.
 
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Currently unlisted public company.

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