CGV 0.00% 2.7¢ clean global energy limited

Ann: Request for Trading Halt , page-10

  1. 1,481 Posts.
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    The auditor's conclusion at page 21 of the half yearly on 16 march states that the company must raise capital in the "very near future" just to stay solvent.


    So they HAD to raise capital - they had NO CHOICE. Irrespective of whether the deal goes ahead or not.

 
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Currently unlisted public company.

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