A40 0.00% 8.2¢ alita resources limited

A DOCA IS BASICALLY A TRANSFERRAL OF YOUR SHARES TO THE CREDITORS?, page-88

  1. 17,843 Posts.
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    Hi Thesi, as I said , it says "current assets".

    So to meet the needs of priority creditors they have current assets of $28m.

    I believe the receiver has absolute priority to non current assets so its likely title has already passed over or are not included.

    But your previous post was implying total assets valuation was not even sufficient to meet secured creditor. As I said , misleading.

    Good to see at least it looks like employees will be paid up shortly.

    All just in m humble opinion as always.
 
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