IMHO, it can't continue in this way and before or after, unless a miracle happens, an Administrator or a Liquidator will have to be called in to put this beast into a peaceful prolonged rest.
The point is that, in the majority of cases, these Administrators and/or Liquidators will look deeply into the cause and the reasons as to why a company got itself in this situation and if proper due diligence and full disclosure was kept at all times as per the ASX rules.
If that happens one can only hope that eventually we will be told in full details of what is wrong and/or what went wrong.
And don't forget that questions will have to be asked as to why the financials for 2017, let alone 2018 are still not completed and lodged as required by the law and the rules of listing. There would have to be reasons as to why those financials haven't been completed and lodged as required. Anyone thinking and believing otherwise would be prone to believe in the fairies.
CDU Price at posting:
23.5¢ Sentiment: None Disclosure: Held
