Let's see:do we wait for them to officially become insolvent before calling Freehills?
- Share price goes from 20c to $4,
- can't collect payments from customers,
- raise and burn through $100m
- improperly announce financial position to market which wipes out all gains back to original listing price (BTW, this alone is enough to go after the Directors and execs)
- keep expense ratio at about same amount
- replace any position with a C in front of it as a last desperate attempt to save face (not gonna work)
- drops out of All Ords
holding to the bitter end (less than a year away now). hopefully that will end the wife's "why didn't you sell at $4?????????????????" (but we know better :-(
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Let's see: Share price goes from 20c to $4, can't collect...
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