SC I think you are getting a little ahead of your self. Those might be actions that you want to see happen but they have not necessarily started.
EGS is in voluntary suspension while it attempts (I assume) to sort out its creditor position. The secured creditors have not put the company into administration, probably to give the Board a chance to recapitalise. However that is clearly a risk in which case those secured creditors will rank ahead of all the unsecured (trade) creditors and typically in that situation any Director loans will go to the back of the line.
So I suspect that the EGS Board is working furiously with those secured creditors to regain confidence and to look for a recapitalisation solution. The sad reality is that this will likely be at the huge cost to shareholders via huge dilution.
As for the comments about ASIC, ATO etc etc I think that this is wishful thinking on your part at this stage. I don't see how anyone other than ASIC, ATO and the Directors would know that they are under investigation, so those are pretty bold presumptions.
just sayin'
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SC I think you are getting a little ahead of your self. Those...
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Last
57.0¢ |
Change
0.030(5.56%) |
Mkt cap ! $1.061B |
Open | High | Low | Value | Volume |
54.0¢ | 57.3¢ | 53.5¢ | $3.644M | 6.552M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 56.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.0¢ | 2354 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.565 |
1 | 8000 | 0.560 |
2 | 4000 | 0.550 |
2 | 105000 | 0.540 |
2 | 57215 | 0.535 |
Price($) | Vol. | No. |
---|---|---|
0.570 | 2354 | 1 |
0.575 | 5000 | 1 |
0.580 | 172845 | 3 |
0.585 | 177272 | 3 |
0.590 | 139163 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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