there is nothing to really to update. they have lost the asset due to failure to make repayments on the debt. company is a listed shell and will need to raise money and back door an asset to stay on the boards. I would assume it will trade 0.001-0.002 for a while and then slowly tick up. I hope it resumes so that at least those that want to can crystallise the loss.
Ann: Paringa to Conduct Sale Process for its Assets, page-37
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
