Thanks for the explanation A4Kltd.
So what will happen next to shareholders if the Deed is approved? Will it start trading again? Why the report mentioned 5 cents in dollar would dilute the shares significantly?
"5 cents to the dollar for secured creditors not mug shareholders like us.
we've done our dough - serves me right for lack of due diligence - i do think the directors ought to be prosecuted for fraud - the pre failure announcements were pretty upbeat but all fiction it seems. I think they've done a bunk to the us with about 4mil in their pockets.
put it down to experience."
Thanks for the explanation A4Kltd.So what will happen next to...
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