I think this is a massive win.. at least it's out in the open now
very difficult position to be in but the message is
'we are going to trade our way out'
impairments + spacelink + r&d spacelink + other wasted spending = massive loss
all this mal administration is finally now going to end .. no admin.. no de listing ..
even better the finance package has conditions attached which will discipline the team
share price will be volatile make no mistake but there is a light at the end of the turret
Ann: Appendix 4D & Half Year Financial Statements, page-7
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$1.56 |
Change
-0.015(0.95%) |
Mkt cap ! $301.0M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.59 | $1.55 | $736.3K | 472.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7059 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 1000 | 1 |
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