just to clarify - regarding the wages issue I understand from the source that the end of April date in the email relates to funding wages from reserves as opposed to cash flow & profits (which are of course two very different items.) It seems that a similar line was used in a staff communication giving the leaked email some cred.
They had $600M in cash reserves whent hey releaed their last figures.
So excluding their cashflow/profits, you mean to tell me they have lost nearly $600M in 6 months?
Any major depletion in the cash levels would need to be reported to the ASX as would a more than 15% movement in the guidance of their profit/loss fromt heir last announcement.
This smells of scaremongering to me.