The debate before the courts is regarding the Bond Scheme for lump sum payments of the SoA tax credits, which they have a legal obligation to pay and they do from time to time.
"On the 9th of January 2019 the Alaskan Department of Revenue (“DoR”) informed the Company of the purchase of US$1.57m (A$2.2m) in tax credits, with the funds received directly applied against the Brevet debt facility".
So this income is used to offset loan costs? Seeems like a smart idea.
Where's the stiff upper lip, keep calm and carry on mentality?
You pensioners should get out more, take your wife for a walk or your dog. Some of you will struggle though leaving your bedsit, especially as it seems this is the only communication you get other then the postman man talking through the slot in the door.
A dead cat bounce is a typically a temporary recovery from a prolonged decline or a bear market that is followed by the continuation of the downtrend and normally the share price will gap +/-5% on open and continue the trend. If this does not occur and price doesn't keep falling after the gap down (open), then we can't have a dead cat bounce and therefore this strategy doesn't apply.