@croser FWIW I was a holder for around 10 years as I liked the premise of the business and from memory it was one of the few that held up well during the GFC. Id traded the stock at extremes but started to feel its patterns were strange the last couple of years, so I reduced after the $2 spike @Jako64 looked at it for me about 8 months ago, thanks again . I assumed the MC was always discounted, perhaps unfairly, on the back of the Timbercorp and Great Southern failures but the recent reports gave way and I sold.
I dont think theres been enough confirmed or denied by the board to know if its still viable. In fact Im amazed at their lack of defence regarding the reports, equally that the stock hadnt been halted by the regulator earlier, maybe my ignorance!!!
I genuinely hope the details from your post are enough to give it another life but until all is unveiled its hard to gauge.
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