I believe the tax debt is still live, however, the first instalment of $1.5M has been paid.
Be mindful that this result should be read in conjunction with the extraordinary meeting called.
In particular, where approval is being sought to significantly increasing the share registry, and options - and the potential implications if approval is not granted. Furthermore, what the consequences are if approval is given (i.e. increased group stake/further liquidity issues for the stock). The company is still pretty sick, but moving in the right direction.
BUE Price at posting:
1.1¢ Sentiment: None Disclosure: Held