thanks for this @grussellt..... you're right, not happy story for anyone.
Is this technically (legally) a Ponzi? it sure looks like it was running on air and words.... no $$$s just announcements which push up the sp with mugginess like me buying up.
the co. is so bust that not even the ATO responds to the liquidator's request for info.... these things happen all the time I s'pose and leaves the mugginses hanging out to dry. All the trading profits, being personal "investments" by the directors, long evaporated, transferred into other hands no doubt. And all accounts so cleaned out that the Liquidator can't resource the remuneration!!!"My section 533 report was filed with ASIC on 2 September 2021. As at the date of this report, ASIC has not responded to the issues raised in my report."
Yes Bundy we paid handsomely for Premium seat and got the milk crates jammed in by the dunny door.
- Forums
- ASX - By Stock
- IGE
- Liquidator's Report
Liquidator's Report, page-6
-
-
- There are more pages in this discussion • 74 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 IGE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online