IMO, once Morgan Stanley/ASIC is out of the way in a few weeks time we should see the SP top 10c
The bidders have 6 months to have a go:
-either they are successful @ 9c or 7 + 2
-or the SP is higher than that
Either way a win/win for the bidders.
IMO, YOW's management only defence is profit ASAP and a creative piece of accounting should be no worries, IMO , particularly when necks are on the chopping board!
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