There is a further creditors meeting on the 4 may 2016.
One possibility, [highly unlikely, according to my "back of the envelope" source] is that the creditors decide to hand the company back to the Board, to work their way out of trouble.
The Liberal govt has a new renewable energy fund which lends money, and the Oil price has recovered a bit since the administration date.
"Highly unlikely" is the summation.
There is a further creditors meeting on the 4 may 2016. One...
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12.5¢ |
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Mkt cap ! $47.22M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 12.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 5000 | 1 |
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