OPY 0.00% 19.5¢ openpay group ltd

Ann: Appointment of Receivers & Managers- Update, page-13

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  1. 895 Posts.
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    The end is nigh. The way rates are going, the losses here are going to be hard to offload. I work in transport and our business was recently changed hands. At one point in 2015 we were valued at 5B. We were purchased by a investment firm for only 8M late last year... and now merging with another transport company as the new owner cant stem the losses. The economy is on a landslide. Going to be brutal this year.
 
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