I still think that the real money will be that the new Co wants to get on the ASX as cheaply as possible and go into a totally new venture...I note that The next creditors meeting is on the 13/4/16 so it's not that far away...I suppose the new Co will have done all of it's DD by then (hopefully) and will not ask for any further adjournments. IMO, I think it would be a good move especially if the new Co whilst doing their DD can look into old historical matters regarding past issuing of Con Notes and past Co issues about possible trading whilst insolvent (possible insurance claim) as mentioned by the administrators previously in their announcements which could have significant financial outcomes for a new Co.
All of this is pure imo speculation so please DYOR and read the HC disclaimer.
The Calm Before The Storm?, page-8
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Last
49.5¢ |
Change
0.010(2.06%) |
Mkt cap ! $81.34M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 47.0¢ | $567.8K | 1.157M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 39277 | 3 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| TTM (ASX) Chart |
