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0.00% 3.0¢ morella corporation limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

  1. JRSelvedge
    2,333 Posts.
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    21/06/21
    15:47
    Post #: 53969776
    Nothing to lose (yet) - because they now have practically zero assets..

    You will get hit with massive consolidation then a CR to pay for managements salaries before this trades again.

    Can someone remind me if there’s a law that prevents you currently being a director of a company if previously you were a Director of a company that was found to be trading insolvent?

    Cheers

    DYOR IMO
    AJM Price at posting: 7.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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