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127 Posts.

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30/08/19

23:46

Post #: 40255739
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Originally posted by Haplo: ↑

Just to clarify, there are two groups in the mix.

The VA who was appointed by A40

https://asic.gov.au/regulatory-reso...luntary-administration-a-guide-for-creditors/

and The Receiver appointed by GXY after A40 appointed the VA

https://asic.gov.au/regulatory-reso...creditors/receivership-a-guide-for-creditors/

Two groups who both have different priorities - however, they "should" both be working together to some degree.

Please read each of the group's roles section. You will understand why A40 appointed the VA first.

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A40 Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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