no chance of a write off this year.
Liquidators have not been able to talk to the Chinese side of the business, can't see any cash, local directors know nothing. Money was there in the Aus bank account before the Chairman died and then poof - transferred out and gone.
Appears to have been a real business before he passed, then there is no visibility.
- Forums
- ASX - By Stock
- TB8
- Ann: Appointment of Liquidator
Ann: Appointment of Liquidator, page-13
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TB8 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online