I think it show naivety to think the NTA for this company means anything - the Australian administrators have no chance of accessing chinese assets. The cash which is likely there in china isn’t in Australian banks and so will be out of reach. Only ones now getting a recovery are potentially the administrators. Happy to be proven wrong but my understanding is Australian adminstators don’t have jurisdiction in china and wouldn’t have any more luck than the existing directors of getting money out of China.
- Forums
- ASX - By Stock
- PEZ
- Ann: Premiere Eastern Energy receives winding up order
Ann: Premiere Eastern Energy receives winding up order, page-9
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online