Hey all, I am not sure who has read the last letter to creditors from Lawler Partners website but the letter clearly states that the Ethan Minerals business was put up on sale and there were 60 parties interested with 4 offers received. And the convening period was extended to liase with interested parties. So I am not sure what the final offer will entail but I am under the impression that any offer to buy the business is a good thing. Obviously someone sees through the mess and believes they can turn this business around.
The convening period ends September 28 and next meeting October 5 so who knows. Maybe by Christmas we are back trading again.
ETH Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
