Why (done by now)? Based on their forecast outlays as at 31/3/15 (latest cash report shows $449k cash and an expected outlay of $250k for the current quarter) they have enough cash to pay their wages etc until part way through September.
No point calling the receiver until every avenue has been exhausted (every last $ has been extracted by them).
My prediction for the next announcement?
Either a cut and paste of the previous ones (just change the dates) OR
Sorry, great regret, liquidator appointed.
I'm sorry, but it doesn't look good.
Why (done by now)? Based on their forecast outlays as at 31/3/15...
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