Insolvent
Goes to show everything 'management' spruiked in the last 12 months was essentially smoke and mirrors.
Only now has it "restructured its sales and Presales team to focus solely on high margin, high growth products and services"
um whats it been doing since IPO - apart from reselling paytv to mine sites??
The acquisition, if its along the terms of what was spruiked in the AFR 6 months ago is an RTO that will probably lead to 99.9% dilution of existing shareholders. The other corporate would have gotten on the boards faster if just IPO'ed itself instead of wasting time with this thing.
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