They were clearly desperate to raise at $0.03 when the share...

They were clearly desperate to raise at $0.03 when the share price was $0.056. Looks like Antah fell through, and they couldn't find alternate capital funds (which is not surprising, as then the price had plummeted to $0.024).

The administration buys some time (including with creditors), so hopefully the administrators can proceed with flower (which is supposedly profitable) and progress the schedule 3 and aqua phase talks with minimal cost or find an investor to save it.

Best case scenario it continues to trade and is reinstated, but you'd think any deal to save it will be at a very low price so holders are going to lose the vast majority of their money.

Very disappointing given all the claims in the recent announcements about upcoming deals, flower revenue and becoming cashflow positive...