On Tuesday, Veritas shares dropped a further almost 12%, to trade at 15c.
Its shares steadied at 15c yesterday, but that was an all-time low since Veritas listed in July 2004.
In mid-December, Veritas said it had an agreement with the ANZ, until January 15, to have either an unconditional contract for the sale of Nosh, or a proposal to wind up the business.
On January 16, Veritas said it had received approaches from several potential purchasers of Nosh during the holiday period and was in discussions with several parties, and that the ANZ had agreed to extend the Nosh deadline to January 31 - next Tuesday.
Veritas had a $5 million funding line with the ANZ to acquire the Nosh stores in 2014, but they had not performed to expectations, Craigs Investment Partners broker Chris Timms said.
He said ''the market was trading uninformed'', given there had been no updates from Veritas since January 16.
''If they had good news you'd think they would put it out there ... the likelihood is that it's not positive,'' Mr Timms said.
He would not speculate on what situation could develop, if by Tuesday the ANZ decided it was ''not prepared to stay there'' and withdraw its support.
Mr Timms noted there were also disagreements over Veritas' termination of the Nosh franchise agreements, with one Nosh store withdrawing from the Nosh brand.
Almost a year ago today, Veritas shareholders tried to abandon the company after it downgraded its earnings outlook and said it would not pay a first-half dividend.
At that time its shares fell from 50c to 30c.
Mr Timms said yesterday the latest record low share price reflected just how ''hard and fast'' the situation had become, with shareholders opting out of the stock; albeit on low volumes.
While revenue for its past financial year to June 2016 rose 24% to $56.5million, its after-tax profit plunged from $3.33million the previous year to a $4.5million loss.
Veritas' financial guidance for its year to June 2017 has been revenue of $50million-$55million and underlying after tax profit in a range of $3million-$3.6million.
Veritas said at its annual shareholder meeting last November that selling the unprofitable Hamilton bars had a positive effect on group results, while strategic decisions were made to close unprofitable Mad Butcher stores and write down other impaired assets.
Last September, the ANZ had reconfirmed its financial support for Veritas, after it agreed with its then joint venture partners to wind up Kiwi Pacific Foods Ltd, sold the three loss-making Hamilton bars owned by The Better Bar Company Ltd, and closed three group-owned Mad Butcher stores.
