ACO 0.00% $3.43 australian careers network limited

When I saw the repayment of an "advance" made in October it...

  1. 61 Posts.
    When I saw the repayment of an "advance" made in October it occurred to me that I hadn't seen any announcements about cash flow difficulties at all. So if an advance wasn't needed why did it occur? If it was needed why wasn't the market informed? Were there debts that couldnt be repaid in the normal course of business? Is an advance a loan? Is it preferential in nature for repayment? Will it be needed again? What does the Chairman have to say about shareholders loans/advances to the company? Could be a very interesting discussion in the next couple of months (or years).

    Many more questions than answers. But hey, shares are suspended so it's only shareholders capital that's sunk in here, right?
 
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Currently unlisted public company.

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