Yes it is painfull waiting with no idea what's going on, but dont think for one second that the board is sitting on its hands waiting for a call from the banks.
Unfortunately, the Administrator will not respond until he has a full understaning of the situation. Only then will he engage with stakeholders.
Dont expect any great favourbale outcome for existing shareholders. The best we can get at this stage is the cash that has been left in the AEJ shell of around $5.4m at 30th June. Less what's been spent since.
AEJ Price at posting:
$8.00 Sentiment: Hold Disclosure: Held
