Well I just don't know how this plays out. Surely if this is a process of organizing payment or rearranging terms 2 days is enough. So as I would assume this non payment would not have been a shock as you would be in communication on 31st anyway.
As the agreement is pretty clear then SEQ keeps the break fee - I would say please lets discuss this but your $3 million is gone if no payment made by 9am on Friday. I would have lifted the trading halt and said that the company will review other alternatives.
Lets get on with it...
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40.5¢ |
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---|---|---|
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1 | 35000 | 0.370 |
1 | 1600 | 0.320 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 5000 | 1 |
0.410 | 13006 | 3 |
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