A response they were taking legal advice on responding to the article and each point raised would have been a start. The reality is we are at all time lows with a party slandering the company and management have gone to ground.
Nothing stopping management from putting out a short factual announcement, the fact they have had 90 days and still have not obtained alternative finance is a disgrace as soon as they received the initial termination notice they should of been lining up a refinance plan a) b) c) regardless of KBc subsequent actions they are clearly not a finance party we should be involved with. I have to question what advice they sought or received that KBC was the best outcome in light of subsequent behaviour - often the cheapest funding comes with all sorts of CPs and CSs which add all sorts of complexities.
balls in MELs court the longer they say nothing the more the SP will come under pressure
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.413M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 17201844 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 7214191 | 11 |
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| Last trade - 16.12pm 16/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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