MRV
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0.00% 0.3¢ moreton resources ltd

Ann: Shareholder Update - Voluntary Administration, page-5

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  1. Maverick1975
    2,249 Posts.
    lightbulb Created with Sketch. 581
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    06/07/20
    09:59
    Post #: 45661383
    you as a shareholder will never see any cash. the lenders come first and debt is 2x what the Company might be awarded under the most optimistic outcome.

    you have read the company accounts right? the company is loaded with debt
    MRV Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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