G'day, the second creditors meeting due by Oct 31st is the minimum time that the Receiver's can announce any news prudential officially by law other than run of the mill procedural stuff....do not know how this will pan out other than winding up as the most likely IMO....but will just sit back and wait for the end of October coz there no benefit in stressing over it which ever way it goes....BUT management past and present must be held accountable at some stage but the likely-hood of that is Buckley's and none coz our Regulatory system is pretty loose and just being a piss poor manager of roll-outs and development and sales is not a crime...ineptitude is a very common trait in Aussie Companies, but not illegal....as always buyer beware....cannot complain I rode it up and I am in to the end of whatever this is...everyday is a school day and the lessons from this one will serve me well in the future...cheers.
WTF.
MKB Price at posting:
0.3¢ Sentiment: None Disclosure: Held