Ooops, the underlining didn’t work in my previous post. Here are the relevant passages:
“However, these forecasts anticipate that the Group will have spent all available cash by January 2012.”
“ Given the above, it is possible that the consolidated entity may be required to liquidate or otherwise wind up its operations prior to 30 June 2012. Accordingly, the financial report has been prepared on a realisation basis rather than a going concern basis.”
FLS Price at posting:
1.0¢ Sentiment: None Disclosure: Not Held