Company Report
Last edited 2 years ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#17
Performance (40m)
-9.1% pa
Followed by
75
Straws
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#ASX Announcements
stale
Added 2 years ago

The takerover offer has a very high probability of getting over the line, given it has the unanimous support of the BoD and the largest shareholder (Colinton).

A bailout that will leave many shareholders still well underwater, but it is better than a highly dilutive unprofitable company that may eventually cease operations.