The result either way is that existing investors will be diluted out and recap and all spoils if any go to new equity. This is seemingly a administration without a administrator? Assets transferred control ( management changed) twice without shareholders getting a say? So who owns the debt that is a burden? Wonder if Josh et al get a priority allocation if they want one for being so nice and leaving quietly ?
So the announcement in " press" regarding algae sale stuff was a furphy? They still hold all algae and MJ assets?
I can see why ASX is still looking for answers that add up as I can't seem to work it out. I honestly believe ASX should be obliged to publish inquiry it has I suspect made.