$14,000k cash balance.
Well I've seen it all now. That takes the cake.
This is a bigger trainwreck than CVI, for those who remember it circa 2006-2009. And that was bloody awful.
Fortunately, as has been said before, BIG as a parent entity will be somewhat protected. There'll be remnants here; will take a long time to salvage though I imagine.
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- AFR article post BRTV creditors' meeting
AFR article post BRTV creditors' meeting, page-10
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