They should call it off .
The underwriters could end up with a controlling stake and that would never be retrospectively approved by shareholders who are eligible to vote .
Share price was averaging 1.4c - 1.6c for much of the year .
What a balls up .
Just try and find a buyer for the company or raise the minimum amount to keep MacQuarie off our backs until the situation in the NT improves .
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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5 | 588269 | 0.220 |
7 | 418994 | 0.215 |
9 | 971699 | 0.210 |
4 | 675500 | 0.205 |
Price($) | Vol. | No. |
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0.240 | 64763 | 2 |
0.245 | 2544 | 1 |
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