The last hurrah, trodding down the well worn path of other companies that acted far too late on information they knew for far too long:
- Forced asset sales
- Getting rid of staff
- Discounting stock to get rid of it also referred to as "bulk sales", don't let the language fool you
There is a reason the ASX won't let them resume trading, they will now have even less assets due to dumping inventory at below carrying value. What a basket case.
Add to My Watchlist
What is My Watchlist?
