True, but if there was a cash fund of 30M USD, why is it still in VA????
I think if it was from another 3rd party, the receiver would have to be called off and the VA will need to give control back to the MBN director, re-list and then MBN can accept the 30M USD funds?????.
If its from the receivers and are covering any losses, the announcement was a "normalize cash flow" (NCF), which is a accounting adjustment when they want to sell the business (I doubt the receiver would input funds to manipulate the cash flow for Q4.........)
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held