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Ann: Trading Halt, page-31

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  1. 7,379 Posts.
    lightbulb Created with Sketch. 456
    Look at the financials as at 30/06/2019 - they had cash and receivables and a large payable and a loan, they pretty much had no net money and debt of $150 million, add in prob lost out on the receivables/payables due to defaults, they are right royally fuked here sorry.

    Prob breached loan covenants also. This may never list/trade again if things don't go well, I cant see who would invest in to this business knowing there is a 12 month minimum period of no revenue coming up..
 
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