VCR ventracor limited

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  1. 2,239 Posts.
    Do the management still continue to derive exorbinant incomes when a company is in administration???

    Very disappointing this company. Still find it unbelievable that HTW can be sold for $450mill and VCR can't even get $5mill.
    How much money did Bowtie get out of VCR - has he got the cash to buy it out now? I'm still suscipious that we are not being told the full truth about this. How could 100+ organisations all look at this company and not want to put any money into it? Things may have tightened up over the past 1 year, but there is still cash out there. A Perth merchant banker just did a $1.2bill deal for an eviro. fund in the past month. He has indicated that there is plenty of money available in European investor accounts and in Asian bank accounts.

    Something just doesn't add up with this company.
 
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Currently unlisted public company.

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