lol, no.
It's an alegory.
You don't get to eat yourself, others get to feed on you = the resources and plant you paid for will be served to anyone willing on no reserve auction.
Posters keep saying "we" as in company and themselves as rightful owners in bond of marriage between them, 1 entity. they don't understand what VA is.
SHs have been divorced from company, served a restraining order prohibiting SHs from coming anywhere near their assets.
And VA can do as they are pleased with SHs assets.
Another alegory
So there is no more 'we' between company, companies assets and SHs.
They are no more SHs assets but companies assets as SHs are divorced from assets in the VA court of law.
VA is friend of the company but SHs worst nightmare.
VA role is to give away SHs wealth without SHs permission, something a company can't do on it's own.
And 'recapitalization' in VA is a metaphor for: 'SHs assets on closing down sale, big discounts. Grab some today, any offer accepted'..
- Forums
- ASX - By Stock
- A40
- Ann: Appointment of receivers and managers
Ann: Appointment of receivers and managers, page-328
-
-
- There are more pages in this discussion • 59 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 A40 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online