The BOD called in the administrators, not GXY. It is standard practice then for a secured creditor to assign a receiver.
GXY made some kind of proposal to Alita. The BOD made no reply to GXY, and instead put VA in place.
Thats what A40 holders should be questioning.
- Forums
- ASX - By Stock
- A40
- Ann: Appointment of receivers and managers
Ann: Appointment of receivers and managers, page-4
-
- There are more pages in this discussion • 383 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales