Ann: Failure to lodge half year accounts, page-24

From the Quarterly Report (which i would have thought tied off the half yearly accounts but clearly I was wrong);

"Cash Position and LiquidityAt the end of the Quarter, the Group had cash and cash equivalents of approximately $3.8 millionincluding guarantee facilities of approximately $1.8 million. In addition, the Company had unused grants and loan facilities of approximately $28 million (see Section 8 of Appendix 4C for furtherdetails)."

"* The estimated cash outflows are required to exclude all cash receipts including receipts from sales,government grants, debt funding, and research and development tax cash offsets. FurtherGovernment grant payments, customer receipts, CCE and EMC R&D tax cash offsets and debtfunding are forecast to be received next quarter.It should be noted that $0.5m was received from Enel on 3 January 2019."

Where in any of this were we supposed to deduce insolvency? 
I hope i am jumping the gun but I'm pretty pissed off either way with today's announcements and with the benefit of hindsight, how individuals have seemingly screwed shareholders.  ASIC???