AHQ
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0.00% 1.3¢ allegiance coal limited

Ann: Change in substantial holding, page-49

  1. bsumisu
    5,445 Posts.
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    22/02/23
    12:14
    Post #: 66393438
    Just a couple of high level notes. Basically it is a debt restructuring process unless creditors demand a chapter 7 dissolution. In avoiding that the production update and further positive production news is key to ensure the best option for creditors is not to liquidate.

    https://www.investopedia.com/ask/answers/differences-between-chapter-7-and-chapter-11/
    https://hotcopper.com.au/data/attachments/5072/5072940-13e1a2e03428997612a7707ab1957cc4.jpg
    https://hotcopper.com.au/data/attachments/5072/5072923-84cae0413bec612229f21578faff4e39.jpg

    Last edited by bsumisu: 22/02/23
    AHQ Price at posting: 1.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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