Up 30% overnight .... on tiny volume ....
No shortage of "highlight" reels of similar paths.
https://www.asx.com.au/asx/statisti...=issuerId&issuerId=6527&timeframe=Y&year=2014
Never to be forgotten!!
To see the process...
a. 2 Jan 2014 - Asset Sales & Financing Facilities
b. 28 Jan 2014 - Recapitalization Process
c. 17 Feb 2014 - Trading Halt
d. 19 Feb 2014 - Suspension from Official Quotation
"Buccaneer Energy Limited(ASX:BCC) advises that the company continues to work with its secured financier. The Board is considering plans for the availability and sources of funds. These sources include asset sales and the use of ACES refund"
e. 6 Mar 2014 - Appointment of Chief Restructuring Officer
f. 2 Jun 2014 - Voluntary Ch 11 Proceedings
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- Ann: Extension of voluntary suspension
Ann: Extension of voluntary suspension, page-10
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