Things are not looking good for the 14.60% MCL/CGB own in AFFINITY ENERGY AND HEALTH LIMITED (AEB), as AEB are struggling to finalise its capital raising and are in a continued Voluntary Suspension.
MCL/CGB hold 134,890,940 shares in AEB that were worth approx $3.5 Million when they got the 14.60% now they are worth $1.2 Million. In My Opinion if AEB fail to get the funds required to continue their business they will be finished leaving all holders high and dry.
https://hotcopper.com.au/threads/ann-mcl-and-aeb-join-to-develop-cannabis-veterinary-medications.3928082/
https://hotcopper.com.au/threads/ann-form-603-notice-of-initial-substantial-holder.4138391/
