HIL hills limited
Add to My Watchlist 0.00% ! 2.3¢

Ann: Administrators' Notice to ASX/Shareholders, page-3

  1. Hikari509
    15 Posts.
    clock Created with Sketch.
    31/07/23
    15:52
    Post #: 69083911
    The DOCA is available from the Administrators if anyone wants a read. Essentially, shareholders wiped out and Stellar (the company that won the recent court case) or a related body will assume 100% of the shares. Secured creditor paid out in full, staff entitlements paid out in full, unsecured creditors get something like 65 cents in the dollar. Will be voted on next week.

    Settlement proposed for 30 September or thereabouts.

    A final capitulation for what was once (a long time ago) a good company.
    HIL Price at posting: 2.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Modelling Confirms Exceptional Heat Sink Performance for VHD Technology
right-arrow Created with Sketch.
NUZ Positive FDA feedback on NUZ-001 strategy to lift clinical hold
right-arrow Created with Sketch.
CC9 Chariot to Acquire Majority Stake in a Nigerian Lithium Portfolio
right-arrow Created with Sketch.
NEWS Activeport Secures Network Transformation Contract with Ishan Technologies
right-arrow Created with Sketch.
NEWS Gold Mountain Expands Anomalous Rare Earths Areas at Down Under Project
right-arrow Created with Sketch.
NEWS Copper and Base Metals Targets Confirmed at Minbrie with Drilling Ahead
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.