allco in receivership, page-3

Hi Neil.
Like you, I hold RRTHA. Yes, they rank ahead of shareholders and that was my thinking when I bought them but the market does not think the shares are afloat so we are basically creditors now. Unless valuations hold up favourably, as unsecured creditors we will be lucky to get anything back.
I have now written my $40,000 off. Be a bonus if I ever get anything. Unfortunately, just one of a number of similar situations.
Better keep our fingers crossed.
Pargolf