CLZ classic minerals ltd

IMO:Like any investment go on the ability of management and the...

  1. 2,083 Posts.
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    IMO:

    Like any investment go on the ability of management and the profitability of the business model.

    If it goes belly up the administrators will take care of large creditors first and shareholders are usually the biggest losers.

    Could take years to finalise after winding up so no tax write off until then.

    We don't know if winding up and then some type of takeover would be a good thing because there is no way of knowing their ability beforehand.

    In any case, it could be years for anything to happen and then you would need to evaluate how capable they are.
 
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