The company has mumbled something about 'supportive significant shareholders', so I assume they're on the blower despsrately pleading for some cash handouts to keep this bad boy solvent. If that falls through (or is not finalised before the last sheckle runs out), this outfit will enter a trading halt and probably never come out of it (as I predicted several times). Things are about as high-risk as it can posibly get. Not sure why you dudes are currently still holding (sunk cost fallacy?)
Happy to answer any questions if you have them.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7
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