We've always had the funds to pay the creditors. Finran's $1.3M loan offer would have done that. Issue as far as PWC sees it (in theory) is the offer on the table from Finran till now doesn't keep the company trading solvent. Problem now is the $2M invoice from Arte. It means to show solvency you'd have to kick up bare minimum $5M and that is where the issue lies.
At least the above is how I understand it
- Forums
- ASX - By Stock
- Ann: Results of Meeting - EGM
We've always had the funds to pay the creditors. Finran's $1.3M...
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OVT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.090M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $189 | 47.33K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 327162 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7032552 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 327162 | 0.004 |
38 | 18317379 | 0.003 |
11 | 15815000 | 0.002 |
9 | 24649999 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7032552 | 17 |
0.006 | 3466638 | 9 |
0.007 | 1853165 | 6 |
0.008 | 1685714 | 4 |
0.009 | 1100000 | 2 |
Last trade - 10.07am 06/09/2024 (20 minute delay) ? |
Featured News
OVT (ASX) Chart |