Hi there NightStalker,
I rang my broker. They told me that the share holding has reverted back to issuer sponsored meaning no longer CHESS sponsored.
I presume this all has to do with the way the administrators and the new AWS is to refloat. I have heard that someone has paid out the main creditor (the bank).
There will be a massive reconsolidation of shares. Also, a reconstruction of the company will happen.
It was said, that the new management are smart operators.
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AWS
australian waterwise solutions ltd
stay tuned, page-8
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