It was mentioned in an Announcement on 1 August that there was 2...

It was mentioned in an Announcement on 1 August that there was 2 weeks cash flow left? IMO this is a highly misleading and inflammatory statement. I can only assume you a extrapolating the cash flow statement bc l can’t find reference to a 2 week statement. With respect to CR, the announcement provided;

“Given the Company’s current cash position, the Company has been holding discussions during the quarter with regard to future funding options, and confirms that these discussions are now at an advanced stage and will be announced once finalised.”

Therefore how could a reasonable person not assume they are currently insolvent? Heard of the Corporations Act? It’s a Federal offence to trade insolvent which carry personal liabilities for company directors.

Given the above, a reasonable person would come to the conclusion that only an unreasonable person would reach such conclusions.