Reading the annual report, this is probably what is holding us up still:
Jacka Tunisia Bargou Pty Ltd was placed into liquidation on 6 July 2016. As this subsidiary is currently in liquidation, the Consolidated Entity does not expect to be required to fund the Tunisia cash calls outstanding ($720,838). Accordingly, had the liquidation been completed as at 31 December 2017, the net assets of the Consolidated Entity as at that date would amount to $388,646.
Wouldn't be surprised if Max, James and co have something ready to go, but are in a holding pattern for now.
IMHO nothing much will happen here until the liquidation is completed.
Please DYOR.
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