re: Ann: NuSep Announces Long Term Debt Manag... Now there's a decent step by the directors...going to show faith by converting at 7c! OK, they've probably been paid a lot of interest a long the way, BUT this is a good step.
We'll probably be debt free (again)!
Hang on, I just re-read the announcement "...will seek shareholder approval at a future time...", no date given. This means absolutely nothing. We're still paying exorbitant interest and they are still not converting and may never do so.
So this announcement is just more of the same hollow rubbish that will likely never come to anything.
Ann: NuSep Announces Long Term Debt Management , page-2
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