where has all the cash gone. If you cant trust company accounts what can you trust.
It all seems very strange to me.
Globo has some good parts, I guess they will be sold off. Debt free the company could probably make it
Very very sad for all the big holders.
was doing very well and profits were flowing rather than just in the early stage business model
The shorters would be nowhere to be seen.
That is reality.
DYOR
Probably in a few weeks time when the true financial state is known it will be possible to form an opinion of the Globo's true value.
There may be a business left, but I dont know if thats the case.
All the main board has gone, so that is positive news at least.
Good luck. Its a bit late to DYOR
They now have until the results in Mid December to do what they will.
No update in November so they have more time. Unless Tung make a big RNS.
Its going to be a very bumpy ride.
DYOR