RES
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0.00% $4.61 resource generation limited

Ann: Administrators appointed to Resource Generation Limited, page-70

  1. Comptonfarm
    1,123 Posts.
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    09/08/21
    21:57
    Post #: 55154519
    Hi @Birchcorp
    would be interested to get your views on august 6 meeting.
    I read administrator's recommend DOCA which may go for six months.
    Was it adopted at meeting?
    Mention possible restructure of business, to best accommodate interests of creditors...... Do shareholders have a glimmer of hope in this?
    Or as RES now declared insolvent, maybe no opportunity for recapitalisation thru shareholder involvement.?
    RES Price at posting: 6.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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