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@tan vincent, currently their qr no longer vulnerable. Their share price movement is basically just pump&dump. Even if their auditor form an opinion and unlift pn17, their share price would take ages to go up even by a bit. Everything need to start again from zero. Another word, more or less hopeless.
main problem is if next 2 QR still negative , then no cash flow , plus no any banker going to lend more money to it , then have no choice .have to declare what should be .
@tan vincent. People would only look at their cashflow, debt and receivables. From all these recent QR they are refuse to impair their receivables, without working cash flow they would need to rely on disposal of assets to generate funds. So basically everything is zero now. Need to start over from zero again if they able to survive.
