Think about it logicaly
They are in the "Hands of their Bankers" on or around Black Tuesday..
They are already confessing to ASX a little later
The directors cant "Direct" because every dollar is gone and they rely on advances from ANZ to continue as a going concern
At some point the Bank assumes the "Effective Role" of the Directors
The Directors are no longer capable of effecting decisions..they need to engage every decision with the lender
Stepping over that line ..you assume the responsibility and possible liablity that accrues to a director..inc insolvent Trading
Jump into Corps Act ..pretty specific..
We followed a case ..on a failed resource company couple of years ago..
Think about it logicalyThey are in the "Hands of their Bankers"...
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Last
$29.84 |
Change
-0.055(0.18%) |
Mkt cap ! $89.09B | |||
| Open | High | Low | Value | Volume |
| $29.99 | $30.26 | $29.71 | $83.64M | 2.790M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 615 | $29.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.84 | 6978 | 30 |
View Market Depth
| Last trade - 13.30pm 02/07/2025 (20 minute delay) ? |
| ANZ (ASX) Chart |