Liquidation does not automatically mean we have lost all..
It depends on how much money is realized .. If there is a bid of 350m or more then we are OK but creditors shareholders will lose big as their break even was 40c per share whereas ours is less than 14c
Don't hold your breath and expect bids of less than 50m for everything..if that.
Let's hope for a fair bid but that's not going to happen as we all know!!!!
Remember the mc was only 77m when most of us bought in.
Miracles may happen so let's all pray for a fair bid?!
Wishful thinking.
Liquidation does not automatically mean that our shares are worthless.. All depends on the sale price!
We need 350m ..about.
MBN Price at posting:
8.3¢ Sentiment: None Disclosure: Held