The company applied to extend the 45days. Corporations act required it be concluded so they got a court ordered extension. They need to do things by the book. The administrator would be under pressure to meet timelines and creditors wont take no for an answer. Some smaller creditors literally need the money to survive. A creditor wont allow administrator to take forever and will enforce their legal rights. So going to courts keeps everyone on side. Though administrators aren't cheap so it better not drag on too long.
The company applied to extend the 45days. Corporations act...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $102.7M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $100.7K | 772.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 296577 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 13.5¢ | 486003 | 10 |
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| Last trade - 12.20pm 29/04/2024 (20 minute delay) ? |
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Last
13.3¢ |
Change
0.005 ( 1.92 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.5¢ | 13.0¢ | 335399 | ||
| Last updated 12.28pm 29/04/2024 ? | |||||
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