If their purchase offer for USA GAA is approved, those involved will be out the door at GAA Wireline Australia asap.
As for GAA Wireline Australia, it is definitely looking more like a logging company. All their trucks are now back at their storage site! Same for Queensland. Shouldn't they be out working? (Don't blame the weather)
I believe there is no more money in the kitty, as the employees were not paid this pay period, maybe next week.
At what point is a company considered to be trading insolvent?
UXA Price at posting:
0.2¢ Sentiment: Sell Disclosure: Held