I understand that S central went into administration. That's why CZP pulled the plug. Since then it was bought by Brennan in early November. Refer: http://www.brennanit.com.au/LinkClick.aspx?fileticket=WPlnc2LQ8fg%3d&tabid=268
I understand that LS went into administration becuase S Central was going to buy or invest in them. When they went under it left LS no choice but to also go into administration - they needed a captial injection and the lenders were resicting access to cash. I believe that they could not trade their way out of debt.
Al Baby.
CZP Price at posting:
4.9¢ Sentiment: ST Buy Disclosure: Held