Who are these sophisticated investors - surely they have done their due diligence.
Anyway I'm sure it's very good news for the landlord - if they pay the rent maybe he will give them the front door key. Will they even be staying in the High Street premises - there's a few years left on the lease to go.
And very good news for the staff who are owed tens of thousands - hundreds of thousands in waqes and entitlements - I'm sure even the ATO will be happy. They may even get their money
And I bet Gadens are sorry they settled - if they did actually settle.
I'd be interested to see who get paid first -directors and senior staff - or the staff who have kept GCN going with no wages.
GCN Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
