A lot has changed since we were at 4.7.our IC is a lot smaller back then too.
most holders who knows subscription facilities knows its a death kneel for a lot of companies. I for one am apprehensive about it. I understand that they have no choice, but lind has barely sold much of their holdings and we are already in trouble.
I initially speculate the floor to be 0.017. But the level of support is a lot weaker than expected. Hence the sp crashed right through so easily.
with the way we are going, this touted facility will not be available anymore and soon. Fire sale is the only real way to survive.
I do feel that Neil and. Kim should do the honorable thing like COD directors and take a steep pay cut. The non delivery of performance and the size of our company means that we can't afford paying them them that much.
while the prospects of derby is enticing, atm its all survival. Bru and bas only has to keep delaying things while obl gets increasing desperate.
I hope there is some magic bunny that is about to be pulled out of the hat.
OBL Price at posting:
1.4¢ Sentiment: None Disclosure: Held
