BNO 5.26% 20.0¢ bionomics limited

  1. 5 Posts.
    Gents

    Not sure if anyone noticed, but the business is now in a Safe Harbour environment. This means that directors cannot be held liable for insolvent trading - is very similar to a Chapter 11. Very significant in the context of the liquidity, CR questions that are being raised.

    Question to the directors - Safe Harbour was established at exactly the time of the announcement re: BCN210. Did you know that the results were going to be unsatisfactory beforehand, and hence went into Safe Harbour?


 
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