BatboyIMO- convinced or not is irrelevant at this stage of the...

Batboy

IMO- convinced or not is irrelevant at this stage of the game

Administrators are not concerned about shareholders loss of hard earned or hard earned gambled to try and get rich etc, - they are speculators trying to make money or retire quick - hence sadly many life savings invested in this cash burner etc..

Administrators are there to look after this who have risked capital in the actual business ie creditors financiers etc.

shareholders are not creditors

ASIC are their to protract shareholders - hence $5.4m capital raise canceled to save those naive losing more of their hard earned imo

There is only one secured creditor here and their investment - debt far exceeds the assets of ogx