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IMMURON LIMITED | 05/12/2008 | |
ANADIS LIMITED | 05/12/2008 |
Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)name changed to Immuron Limited | 05/12/2008 |
suspension of trading in the securities of Anadis Limited (the "Company") will be lifted immediately, following the release of announcements by the Company providing an update on the Company's activities | 11/03/2008 |
Anadis Ltd announced in August 2007 that revenue from contract manufacture for third parties was anticipated to come in above $8 million for the financial year 2008 - this expected increase in revenue, over 80% on the previous year, was due to the company having secured the manufacturing of a new product line for a new client - without warning or explanation that third party business has been placed into Administration, with outstanding trade debt to Anadis of approximately $400,000 - the company is pursuing the debt left by the defaulting client but the extent and timing of the recovery is uncertain - this trading cash flow shortfall has placed a strain on the immediate financial position of the Company, which requires an injection of external capital - the Company has a number of capital raising initiatives under way the outcome of which should be determined within approximately one week - directors believe it is appropriate that the Company's shares remain suspended from trading until the capital raising has been finalised | 12/02/2008 |
securities of Anadis Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company | 06/02/2008 |
NAME | TITLE | DATE OF APPT |
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Roman Zwolenski | Chairman | |
Conor Graham | Managing Director, CEO | |
Zeil Rosenberg | CEO, Executive Director | |
Graeme Stevens | CFO, Company Secretary | 22/11/2007 |
Colin Chapman | Non Exec Director | |
Roy Robins-Browne | Non Exec Director | 02/02/1998 |
Peter Jenkins | Non Exec Director | |
Simon Sallka | Non Exec Director | |
Arie Nudel | Director |
Date of first appointment, title may have changed.
NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
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Date of first appointment, title may have changed.