BND bandanna energy limited

The administrators note ( in the minutes from the 1st creditors...

  1. ssw
    563 Posts.
    lightbulb Created with Sketch. 16
    The administrators note ( in the minutes from the 1st creditors mtg) that CSs position is complicated because they only hold security over springsure coal and springsure property. Does this mean, as Carmick has suggested that they don't have control over the cash?

    Profitman/ others - any understanding of this?
    Last edited by ssw: 18/11/14
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.