I voted no, as prefer it goes into administration.
If it goes into administration Mathew Chunn and the creditors wont be calling the shots, assets will be frozen, and any appreciation in market values while that freeze is on will be reflected in higher value added to asset sales.
Also at the same time income generated (yes the company is still booking positive cash flow and the ICR is greater than 1) will eventually be added to the balance sheet to.
Admin does not need to be the end MAL went into admin 3 years ago, its now trading around 60% higher in value than when it went into admin.
- Forums
- ASX - By Stock
- BEC
- how it looks post-implementation
how it looks post-implementation, page-8
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)