Ann: Appointment of Voluntary Administrators, page-53

This is absolutely terrible news and entirely avoidable. The release does say that the BOD accepted all conditions of the loan offer though?

nevertheless this in effect meets with the wishes of many posters for another investigation of the accounts.

Look it’s not the end just unnecessary. If we take the NTA per share at Dec 22 then we should see a return well above the last SP traded.

The subsidiaries will continue trading and this is a positive for valuations.

There is no hiding it though I’m hurt bad and feel that we have been let down on many fronts.

I wonder if FINRAN will come out as a bidder for the BNPL and Payments businesses???? Perhaps what they wanted all along I don’t know just speculation.