Ann: Appointment of receivers and managers, page-31

I have been asking the same question, but to who? people in this forum are busy fighting each other, particularly those "none holders"
I seriously doubt we can get 4 cents, no, GXY doesn't has the cash to offer that and they don't want to offer that.
A40's asset worth a lots more than the $40 owed, but since the administrator/receiver has been called, It will be hard for other interested parties to involve in the bidding and auction. Things could have been much better if the management action earlier.

We may end up get some shitty GXY shares instead.