NTA dropped from 27 cents to 19 cents. That is the value if all assets were sold now.
Other costs associated with selling would have to be considered and what about the termination payments etc. etc. Cash on hand insufficient to meet expected costs for the next 6 months unless there is a big turnaround in income.
Expect a capital raising in the next few months unless a miracle happens OR they borrow money.
Ann: Appendix 4D and FY2019 Half Year Financial Statements, page-8
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