Hi Omega, thanks for that, to me the real interesting question is why did the company not pay the last instalment to get us to 90%, money should have been available based on prospectus. They will then have had the final 10% to use to sort out the CGT without risking losing the amounts already paid for the 90%.
Based on the creditors meeting list it doesn't seem as though there were too many unexpected debts so that doesn't appear to be the reason for non payment, so it's quite intriguing why they don't appear to have paid that instalment re Grafex. Wouldn't you love to be a fly on the wall.
Thanks
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Hi Omega, thanks for that, to me the real interesting question...
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