Well, I'm certainly glad it's fully underwritten!
I don't think I've ever read the phrase "going concern" so many times in a short document not written by auditors. Perhaps it was written by their auditor. Anyway, if this issue hadn't been fully underwritten, I'd be hitting the panic button.
I wasn't opposed to branching out into related value add businesses, but it seems someone majorly dropped the ball on properly managing the core business.
Ann: Non-renounceable Pro Rata Entitlement Offer, page-3
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10.0¢ |
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Mkt cap ! $43.51M | |||
| Open | High | Low | Value | Volume |
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| 3 | 99986 | 10.0¢ |
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| 10.5¢ | 34691 | 1 |
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| ATP (ASX) Chart |