It's a 'conditional' underwriting. Azure needs to get other...

It's a 'conditional' underwriting. Azure needs to get other suckers, sorry I mean sub-underwriters to take some of this on. No one in their right mind would accept this risk for a 6% fee.

Plus you need shareholders to approve some aspects of the re-structure. And shareholders pretty much have worthless holders and may vent their spleen.

Interesting to see what happens.

NB: Just hit 0.001. Maybe the ASX needs to allow for another decimal place: 0.0010 - then it can fall further :)