I can see a whole group of people knocking on their doors right now like,some vulture PE'S ,Hedgies,liquidators & administrators,lawyers and some top end of town (collins st and market place) fund managers wanting some serious answers to some very serious questions like:
1-How did this all happen in such a short space of time? 2-Why didn't you guys inform the market late last year around the time of the cap raising? 3-Why did the current position & outlook change from last year when you were doing the cap raiing? 4-How long was the company in breach of its banking covenants (surely you guys must have been aware of the internal haemorrhgging impacting on the financials?). 5-who is going to held responsible for the company's current plight and who is going to be shown the door once and for all?
SIP Price at posting:
46.5¢ Sentiment: Sell Disclosure: Not Held
