- Looking at all options - If there is something rank in the garden of Denmark and if debts cannot be paid; worth knowing;/there are rules governing the priority of payments to creditors of a company in Liquidation. The order of priority in a Liquidation is set out below:
- Costs of the Liquidation
- Secured Creditors
- Preferential Creditors (Employees)
- Unsecured Creditors
- Shareholders (last).
- The unfortunate shareholder gets next to nought. Another reason to move on and gat this show on the road.Not suggesting anything just thoughts.
Ann: Application for quotation of securities - MCT, page-2
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $13.45M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $344 | 114.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 42703083 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 74009083 | 61 |
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| MCT (ASX) Chart |