So this indicates they need shareholder approval for the partial sale of company that holds the Clark lease
With USD10m they might be able to pay off their loans, retain 37.5% share of Clark but will still have the court case hanging over their heads.
Amazingly there is still cash coming in, so perhaps the training business is not a lost cause although you have to wonder how they are running this with no cash (or access to cash) and still signing contracts and talking to clients.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
Add SIT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.807M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 24490746 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 23813178 | 13 |
View Market Depth
| Last trade - 10.08am 30/07/2024 (20 minute delay) ? |
| SIT (ASX) Chart |
Day chart unavailable