In the absence of rescue capital, whether equity or debt or a combination of the two, they won't see the end of the current quarter.
If I was a board director, I'd be very worried about personal liability for insolvent trading so I wouldn't be surprised if they've already taken some advice from an insolvency firm so they can take advantage of the "safe harbour" provisions.
OLI Price at posting:
5.9¢ Sentiment: Sell Disclosure: Not Held
