MEB 12.5% 0.9¢ medibio limited

Ann: Trading Halt, page-8

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  1. 173 Posts.
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    Wanna close my eyes. This tech is different hands would change a lot. Someone swoop in. Take it. And start again. Does anyone know if or when it becomes insolvent the most likely pathway through administrators? Another company buys it?  Meantime I feel like I’m watching a Laurel and Hardy Movie 



    @Bear10 the company just announced a trading halt pending details of a capital raising. Therefore any talk of it being insolvent or going into administration is mischievous at best.


    The Mr Laurel and Ms Hardy movie analogy is better placed with the previous management who got meb into this position in the first place, along with a sleepy BoD.  They should be brought to account for bringing meb to its knees.


    Any supporters of the previous management should move on with their lives and let professional, competent executives run the company.  The new ceo is a good start from what I have experienced.

 
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