The 4C is nonsense... Kissmyirrs is right - they're positioning their debt facility as cash available which is not accurate.
ASX asked the question directly today and STILL the company haven't made clear the situation. They've said that they "sought" permission from Altor to use it for operating costs but didn't disclose the outcome of the request. The response to the ASX query was so unclear.
Company has no cash and needs to do a deal asap.
The 4C is nonsense... Kissmyirrs is right - they're positioning...
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