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15/11/24
16:25
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Originally posted by sjl:
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Looks like it’s a report to creditors - probably outlining what creditors can expect to receive in the wind down, cash, likelihood of the sale of IP and related assets, etc. Nothing for shareholders. Shareholders come in a very distant last place; you’ll only get something if creditors are paid in full, and it’s unlikely to be much. Sit down, get yourself a drink, and wait for the results of the meeting on Friday. There’s nothing else you can do about this company - it’s completely out of your hands. Write off the investment; if you get anything, it’s a bonus.
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If you are looking for a positive, it is a capital loss that can offset capital gains elsewhere....