Red if they lose the ACCC case and do get fines (which I agree is high likelihood) do you think they run the risk of being insolvent (unable to pay their debts as an when they are due). So to avoid trading insolvently the directors are forced to declare insolvency which voids the property given the lease conditions?
ONE announcement, page-12
Add SIT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.204M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.263K | 631.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5038348 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 30585278 | 13 |
View Market Depth
| Last trade - 10.29am 26/09/2024 (20 minute delay) ? |
| SIT (ASX) Chart |