AHQ
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0.00% 1.3¢ allegiance coal limited

Ann: Appointment of voluntary administrators and trading halt, page-187

  1. Zxc
    3,406 Posts.
    lightbulb Created with Sketch. 716
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    19/05/23
    11:25
    Post #: 67860919
    Agree, likely debt>assets therefore no cash left over.

    In that case, what is likely scenario for existing shareholders, can the company re-capitalise and start again? I understand is this scenario current holders will be significantly diluted but still have a holding?
    AHQ Price at posting: 1.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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