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14:59
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Originally posted by Teddyward
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I am not correcting false information in others posst in general but they can keep running company till cash runs out and be at little to no risk. Entitlements etc only become payable upon failure. If people can't see that IMO NUH are tidying up the deckchairs on the titanic in-case that iceburg appears then they are blind, They are possibly using time and delays to distance themselves from pas events and ensure a shattered shareholder base just doesn't bother with any action like in 99.99 % of cases and administrator / receiver takes quickest pathway to getting paid and conclusion of wind up. RT are in box seat all the way , followed by management as they have control of decisions and no one else matters . ASIC is a wet fish and useless to small holders and same for ASX etc. Administrators will just do the process if it gets to that. Unless forensic accounting is used on timing of all items no one will ever know what was happening with finances and no more signoffs.
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WRONG..entitlements can only be gained on a merger etc...if all fails they get nothing.
(20min delay)