HML 0.00% $1.99 henry morgan limited

Ann: Net Tangible Asset Backing, page-9

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  1. 888 Posts.
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    Probably can't go down much more if they've eaten all the cash - of which there was only $314k as of June 2018 (plus a $52k term deposit and $122k in brokerage account).

    Question is, what now me hearties? TOV Panel review withdrawn. Do they re-launch a new takeover bid and be a bit more careful about disclosing how bad it is so that it can't be scuttled again? Would they get any acceptances if they did? And will JBL repay BHD or is it all over red rover?
 
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Currently unlisted public company.

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