Ann: Application for quotation of securities - CLZ, page-60

In that scenario,like if they collapse,as a shareholder is there any chance that could be a good thing?... I'm down a few grand here & just have to face the fact,I ain't seeing that again. Only positive spin I can put on it is that it's a very expensive learning exercise.But I'm reading how some people put 25k in and it's down to 5k,that was weeks ago,so if they didn't bail out, that's down to half that. If they collapse,is that it,the company folds,your shares disappear or do creditors come in,takeover if it's viable,new owners,new management and one day,best case scenario our worthless shares may actually be worth something?....Rookie question,but is there anyway to polish this turd