At last we get some info in the UK but i had to chase it from E&Y, thanks for your sympathy CFCL... not:
Dear Sir
Column 1 0 Ceramic Fuel Cells Limited
(Administrators Appointed)
ACN 055 763 671
ASX/AIM Code: CFU
(“the Company”)
I refer to my appointment together with Justin Denis Walsh as Joint and Several Administrators of the Company on 1 March 2015. I also refer to the announcements dated 2 March 2015.
As you may be aware, trading of the Company’s shares has been suspended by the Australian Securities Exchange (“ASX”) and Alternative Investment Market (“AIM”) and it is likely to be suspended indefinitely.
As we are in the preliminary stages of the Administration, we are unable to form a substantive view as to the value of the Company’s shares. A return to Shareholders is, however, unlikely based on the information currently available.
Shareholders seeking to claim a capital loss are directed to take their own tax and legal advice on this matter. The Joint and Several Administrators are unable to provide you with advice in this regard.
If and when the Company enters into liquidation, an announcement will be made on the Company’s website.
Yours sincerely
A Nikitins Joint and several administrator
Kind regards Jeremy
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 0 Jeremy Birch Director Transaction Advisory Services [/COLOR][/FONT][/P]
Ernst & Young
8 Exhibition Street, Melbourne, VIC 3000, Australia
Office: +61 3 9655 2572[email protected] [/COLOR][/FONT][/P]Website: http://www.ey.com
Grace ScimonePhone: +61 3 9288 8653 [email protected] [/COLOR][/FONT][/P]Thank you for considering the environmental impact of printing this email.
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