The new Directors of Alita have not signaled, indicated or implied that they will seek to purchase a new project or intend to relist Alita for that matter with whatever funds are left over post ATO ruling.
What do you suppose the new directors jobs are once the ATO saga is finalized? Sit there as directors of a shell company with no assets, no project, no income but have xxx million in cash in bank?
You'd be happy to keep Alita alive and pay their director fees and salaries based on that?
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held