Yeh, it’s very sad to see a company go bankrupt after keep running for 20 years, but that’s what happens when the CEO dreams too big and lack of business sense
I think the board is following the review’s instruction to fight for survival.
* replaced CEO
* replaces CFO from pet food shop(for cheaper salary?)
* Former CFO jump to a competitor's company
* Selling the one of the “main” business -space
They don’t have much choice now, if they can’t repair their cash flow they would have to facing bankruptcy. (they have huge unpaid debit)
Yeh, it’s very sad to see a company go bankrupt after keep...
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Last
$3.16 |
Change
-0.160(4.82%) |
Mkt cap ! $609.7M | |||
| Open | High | Low | Value | Volume |
| $3.34 | $3.40 | $3.10 | $8.428M | 2.631M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24495 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.18 | 20000 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| EOS (ASX) Chart |