Ann: Suspension and Appoinment of Voluntary Administrators, page-308

its pretty clear what happened.

1. shares started going up cos there was about to be good news on the investment front
2. asx halted the trading cos of this unusual activity.
3. the investor hadnt actually finalised, but everyone was confident so they released the update on the planning for the next year
4. the tragedy occurred and the investor pulled pin
5. there was no plan B so they realised they were buggered.

They realised that the 4 million wasnt going to get them far so they pulled the pin now. There is no white knight, there is no hero, there is no hope.

nothing to see here except ashes.


......in my opinion of course.