expects to have its shares suspended from trading because the royal commission and weak market conditions have triggered hefty write-downs for the group.
It said trading in its shares - which last changed hands at 5.4¢ - would be suspended until it filed the accounts, which it expected to do within the next two weeks. It said the write-down would be against its goodwill and intangible assets, and would have "no impact" on the underlying operations of the business.
clancyyeates Here is a man that gives advice to many how to run a company and yet cannot direct his group to profit. Nice guy needs to move on.