Hi Aruc, re your comment "I completely disagree that galaxy "took control of the company" and "let 350 workers go". That is completely false and misleading. The administrators took control of the company, and A40 management let 350 workers go by way of VA. "
Well unfortunately you may disagree all you like, but it's true. It was indeed GXY appointed receivers who took control of the operations and then proceeded to place it on C&M as per their appointment letter.
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD5w2+zRaZoYMJke92GA==It's interesting that they seemed to have had a preconceived intent to do so as well, even before conducting a review
"The Receivers are completing an urgent assessment of the Companies’ financial position but with the intention of transitioning operations to care and maintenance shortly. "
