Note 3 and 9 on the financial statements.
Could also sting shareholders with a very discounted placement/rights issue to resolve the issues above. Nothing is yet finalised.
Market won't like uncertainity. Hence dumping.
Been through similiar situations with other stocks.
Need to look into these guys a little further tonight. Although I must admit I was shocked to see this price range. Might be good for a bounce trade or could fall further. 50/50, red or black right now.
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