MYL 0.00% 70.0¢ mallee resources limited

Got a reply from administrators straight away its a waiting game...

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    Got a reply from administrators straight away its a waiting game looks like next financial year at this stage unless you can offload shares or get advice from your accountant. Here is the bulk of the response I got from them it does say a dividend to shareholders but just a standard response  assume to get  nothing.

    "The Receivers’ realisation process for the Company’s assets, including any interest it has in the Avebury Nickel Mine, is yet to conclude. As such, the outcome of the liquidation of the Company is presently unknown, including the availability of funds (if any) for a dividend to unsecured creditors and/or shareholders (for example).
    The Liquidators will issue further correspondence to shareholders following conclusion of the Receivers’ realisation process, including to confirm if a declaration under section 104.145 of the Income Tax Assessment Act can be provided."
    Last edited by joca: Saturday, 10:35
 
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Currently unlisted public company.

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