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7.4¢ imagion biosystems limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-37

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stevenjd

26,989 Posts.

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01/02/24

15:47

Post #: 72187703
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Originally posted by Stretguy: ↑

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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soaring above the high mountain tops, an eagle who looked down on the prairie mouse, descending noticed it was with mange. A swift and abrupt turn, diverting its flight elsewhere. For one bite of this manged rodent, would spell doom to its lofty plans.

IBX Price at posting: 11.5¢ Sentiment: Sell Disclosure: Not Held
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