administration a mechanism for insolvent companies, is this company on its way?
Im not certain what forums allow me to say, legally. but..
The Market Selling momentum is clear, the price movements points to administration?
The question might be when... exactly?
Even if there is a technical bounce (which is technically likely imo) and price returns to a short term mean price whats the risk of punting and losing the lot.
Tempting Technically... but
what is it worth, "if anything" after liquidation and debts payed, those are important questions now to ask yourself.
Even for someone like me an very aggressive trader.
The risk now appear very very high.
ISF Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
