IBX 0.00% 5.4¢ imagion biosystems limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-34

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  1. 174 Posts.
    lightbulb Created with Sketch. 26
    Sorry Stevo. I do apologise yet again.

    But you do recall that, Mercer, under their facility, have the right to:

    1. exercise their options and take the company; or
    2. appoint a Receiver under their F&F charge.

    Option (1) above (in my humble) is not going to happen as the technology is now on the nose.

    So in my opinion, Mercer will just put in a Receiver and flog off whatever they can and simply move on.

    Small beer for them.

    All the best Stevo. (PS how about some more Thomas Hardy inspired stuff?. Soaring share price above verdant valleys, rivers, and alpine mountains. Loose hands etc. Go for it Stevo. I just love that stuff!).

    Regards
    Stretguy.

    (The above comments are made by Stretguy who bought into this company. So it is imperative that you DYOR.)


 
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