LKE 9.38% 7.0¢ lake resources n.l.

They need capital to cover Dicko’s exit. Otherwise , they are...

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    They need capital to cover Dicko’s exit.

    Otherwise , they are trading insolvent.

    The CR, satisfies:

    WHAT IS INSOLVENT TRADING? Insolvent trading is the law under the Corporations Act section 588G that says that if a company is insolvent and a director allows the company to incur a new debt, then the director can be personally liable for the new debts incurred.

    IMO DYOR
 
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