ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

Unfortunately i have to agree with the above. Company has kept...

  1. 13,640 Posts.
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    Unfortunately i have to agree with the above.
    Company has kept quiet despite share price crash and asx has not queried them over the price as such. So i do think possible monday a trading halt would be called and the long process of recapitalisation or "talks" with lenders would begin. Possible that lenders do a debt for shares and hold majority of the shares and shareholders are left with crumbs. Unfortantely, 2bn im debt with a market cap of 44m is not worth the risk imo. lenders would make most effort to get something back for themselves.

    Just my opinion.

    TraderRr
 
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Currently unlisted public company.

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