VNX vonex limited
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I think Sales is a noteholder so there is an obligation for...

  1. Icarus
    7,359 Posts.
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    21/06/17
    06:12
    Post #: 25393965
    I think Sales is a noteholder so there is an obligation for those to be repaid first , so normal shareholders ( us ) cop the dilution .
    Look if it comes through at least the company will be in a better state , i just hope a condition precedent is major mangement and board changes.
    VNX Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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