Member Info for BushyTailed

Obviously the viability of operations over liabilities is an administrators priority, however there after the debtors, all shareholders are treated equally, and not withstanding the fact that an administrator being independent would appoint a suitable bod to determine operationally viability.

Coris inturn lose their controller and influence over the operations, if they have managed the inefficiencies for the benefit of a single major shareholder.

And they can't acquire target shares beneath the highest price they paid until the 12 month anniversary of the existing rule 9 waiver. Which is priced at 11.26p until the 10th January 2025

If you haven't got your head around it yet toffee, then I don't think you ever will

Edit rule 9 waiver

Toffees the rule 8 waiver is on the highest price paid for by the acquirer over the previous 12 months and that is 11.26p

You've either gotta feel fir GI or think it's hilarious... Big boy pockets, little boy emotions 🤣🤣🤣

Highly likely that Coris would rather pay 11.26p than lose control of the assets

Administration here isn't a bad thing... Coris would lcede all control of the assets to an independent operator who would treat all shareholders equally.

Vote yes and there's no guarantee an offer of 2.6 for the rest will occur.

Alternatively Vote no and watch the SP multibag.

My money was always on three

"I've just had the bod on the phone, pretty confident I'll get 2.6p"

"yeah I deleted my account as it contained insider

information "

"90% chance of success here, it's all priced in, everyone will see that I was right"

1 week later, 70k loss sold out and still posting boelocks.... 🤣🤣🤣🤣

Gold investor....Multiple accounts and 70k loss inside a week. I wouldn't bother wasting your time

There's no guarantee an offer will be made for the remaining shares even if the rule 9 agreement is waived. So again back to just voting NO to avoid massive dilution for a 5 month old non secured 30m loan.

Jog them on it's as simple as that.

He's just a Walter with more money than sense, stop looking for things that aren't there.

Toffers, if I was you I read the entire update again or at least Google the definition of the word "propose"

Don't worry Gold Investor drawdowns are important lessons to learn.

They're trying their best 🤣🤣

Need to get the administrators in now.

I hope Dan remembers to look both ways when crossing the road.

It is mibrit, yes none of it happens if the waiver is rejected by independent shareholders