TGS 0.00% 4.9¢ tiger resources limited

Ann: TGS Lender Voting Intention Statements, page-17

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  1. 1 Posts.
    rae - That's a good question presented there. I have assumed that the shares will remain and listed with the asx. The company will be left with some cash and some probable payments over 3 years, which could be used for a new development (hoping that does not happen), or remain as a very small shell company paying out the balance of the cash assets to the share holders, and the 3 years of distributions that will probably be made. At the end of the process the shares could/should be dissolved with zero balance to the shareholders. Just my 1 cents worth.
 
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