Is it still "rumourtrage" when the rumours are true? It seems the company has now confessed to the government funding tap being turned off for BAWM. They were very slow to acknowledge this and raised capital without fully disclosing the state of play - hence the Friday AFR story about Maurice Blackburn having a look.
The only question now is whether the funding gets turned back on. The company has expressed confidence in a positive outcome and expects full resolution by end October.
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