CXN 0.00% 0.9¢ connxion limited

company assurances as to solvency, page-10

  1. 1,201 Posts.
    Expect that we will get very little if anything from the sale of assets as I understand that shareholders rank at the bottom of the priority of allocation of any liquidated funds. Generally when a company goes belly up, the directors and management will have been trying to keep the company going rather than halting activities to preserve capital for distribution.
 
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Currently unlisted public company.

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