Ann: Quarterly Report and Appendix 5B, page-2

I would have to say that the QR is a disappointment at first glance.
Here we are at the end of July and the actual sale agreement is still being finalised. Honestly what is the flaming hold up? Sure $2 million has gone into MXR's coffers but that is small compensation compared with the freedom of having the sale signed off and completed. It just still leaves the chance open there that the sale may not be finalised. There is that element of doubt that should not be there at this stage.

It just holds other progress up as well. This should have been sorted by now.
Pleased to see that there has been a resolution of the GBF legal dispute. At least that appears to have been sorted out and is no longer a cloud over MXR.