Interesting, I was just reviewing the last company statement, "The Company remains in voluntary suspension from trading on the ASX whilst it addresses its medium term financing requirements and progresses discussions regarding the Proposed Restructure. By way of update on the Company’s discussions with ASX, if the Company is unable to meet the ASX’s listing requirements by February 2020, it is likely that the Company will be de-listed from the ASX." With the new $30m loan they should be doing more than just planing to pull the plug in 4 months time. These no-hopers should be made to provide monthly shareholder updates on their progress to trading again.
TGS Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held