CTL 0.00% 0.9¢ cleantech lithium plc

Ann: AUL:AuStar enters discussions with Centennial Administrators, page-13

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  1. 651 Posts.
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    AUL don’t seem to have any cash and with a merger comes dilution and then a capital raise to get things moving........

    Also their market capitalisation is so small that with CTL’s debts, I cannot see anything for shareholders unless CTL creditors will have a majority in AUL and I cannot imagine AUL shareholders voting for that particularly when the creditors of CTL are possibly the culprits who destroyed the company ( CEO, employees, major shareholder) .

    Who would want CTL creditors having any influence on AUL.
 
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