"Cornerstone investment has clearly fallen through" - please provide evidence to substantiate this comment.
may be just a delay in getting paperwork in order? the ANN did not imply or even suggest that the cornerstone has fallen through.
IMO obviously going to be a delay with any discussions and they need to get funds in to keep cash balance up - which may suggest that finance/investor discussions may extend well into September?
but yes - am expecting SP to be tested on opening as IMO the buying may well have been in anticipation of the expected finance ANN.)
MNS Price at posting:
38.0¢ Sentiment: None Disclosure: Held