Agree with first two paragraphs. On the third, the crappiness of...

Agree with first two paragraphs. On the third, the crappiness of the deal tells you all you need to know - BLA wouldn't have survived without it. They're just trying to put some lipstick on the pig but the market has spoken with the further ~50% fall to $1.00. What would you have ASIC and ASX do anyway? Let it go into administration? Market was clearly not in receipt of all the facts when it had priced shares at ~$2+, only to find out how dire things were with this deal being announced. Another opportunity right there for the ambo chasers to make a claim.