They are obviously having issues....It won’t b popular,...

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Waterblunt

1,863 Posts.

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30/06/20

13:20

Post #: 45538266
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Originally posted by Mr2jzgte: ↑

Never thought I'd see the day with a comment from Brett like this

So they request a back to back trading halt to do a CR via everblu, for unknown reasons.

Everblu can't fill the requirements within the time frame.

Then two more suspensions to attempt to fill the raising, possibly people keeping cash free in uncertain times, or the raise conditions weren't acceptable for the risk profile.

In a situation like this, wouldn't they be better off with a SPP to the existing holders ?

if it's taken this long + what ever further extensions are coming, it makes you wonder what terms they will have to agree to, or if they are bound to Everblu if the money can't be raised ?

honest questions, and generic, just curious on y'all's take on it

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They are obviously having issues....

It won’t b popular, but.....

Perhaps the stellar product and “worlds best”, sellers...aren’t what we have been told they are.

Perhaps the product isn’t either wanted or simply doesn’t work?

Perhaps China is giving a little Australian company a black eye due to our governments political stance!?

who knows, but there ar things that are certain....

1. Everblu will be paid a fortune (again)...

2. NET have some real issues behind the scenes....

oh and....

3. The long suffering holders will suffer some more.....

Looks like all these down rampers have been ABSOLUTELY RIGHT all along....

Doesn’t that make them just a good judge of a poor stock!?

Good luck guys/girls, but put a fork in it, as it’s done.

NET Price at posting: 5.8¢ Sentiment: None Disclosure: Not Held
3 Upvote

1 Great analysis

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