If it goes into administration, they get zero regardless of how many shares they have allocated themselves.
They have very little timeleft now. Given the burn rate, the $1.85mln raised in April would be close to exhausted. They cannot wait until zero balance, the board needs to move beforehand.
Interesting how they have not re-issued the options to the investors who bailed them out in April, but put their snouts into the trough at the first opportunity. A company with directors who have integrity would do that first before anything else. It goes to show the low quality man that Miller is.
- Forums
- ASX - By Stock
- Ann: Notification regarding unquoted securities - NUH
If it goes into administration, they get zero regardless of how...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NUH (ASX) to my watchlist
|
|||||
Last
8.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.75M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NUH (ASX) Chart |
Day chart unavailable
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online