Australia's largest stock trading and investment forum Australia's #1 stock forum

IBX

Click for more information

0.00%

7.4¢ imagion biosystems limited

Drugs.

First 33 Last

Share
Profile

Follow
Stretguy

142 Posts.

23

01/02/24

14:48

Post #: 72186237
Share

Originally posted by stevenjd: ↑

Beware of creditors, who can file for payment => potential administration.
Highlighted saying, we had less cash outflows, because we didnt pay all our creditors.? How much was this ?
These will need to be paid from the CR, or worst case, from the assets sold in administration.?

ie, they simply never had enough in the tin to pay them this Q?. Hence was the company was trading insolvent ?
They are doing a mad juggling act at present. Its only at the end, that they realize they need to panic over their cash burn.
I cant see anywhere what this level of creditors is ?

Expand

Drugs.

IBX Price at posting: 11.5¢ Sentiment: Sell Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 81 more messages in this thread...

First 33 Last

Add IBX (ASX) to my watchlist