A40 alita resources limited
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Ann: Execution of Deed of Company Arrangement, page-11

  1. robbo24
    11,348 Posts.
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    19/12/19
    11:06
    Post #: 42046959
    One of the accepted arguments for prejudice under s 444GA is existing shareholders willingness to provide capital to keep the company going... Not sure where existing shareholders ever got the opportunity. One might say shareholders could've submitted a DOCA involving a capital raising and an offer to creditors, but an opposition to s 444GA could be the rallying event to get it started.
    A40 Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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