CAI 0.00% 11.5¢ calidus resources limited

Ann: Maiden Resource to underpin Nullagine Restart, page-186

  1. 6,097 Posts.
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    McMahon is an unsecured creditor.
    MAQ being a secured creditor decided they wanted their money before McMahon got any.
    Its brutal but that’s how business works.

    Shareholders get wiped out.
 
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