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That's wrong. Putting aside a Receivers statutory duties to...

  1. Maybe_111
    511 Posts.
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    21/05/19
    08:22
    Post #: 38661165
    That's wrong. Putting aside a Receivers statutory duties to creditors (which ASIC never enforces), Oaktree do not care a dame about value maximisation, so long as its debt (inc penalties are repaid). Oaktree is the only secured creditor! Unsecured creditors will get next to nothing after allowing for employee redundancies, ATO and cost of Receivership / VA. Shareholders are last in line with ZERO.
    BLA Price at posting: 18.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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