As I Understand it all the assets(if any) and liabilities (that includes all staff wages etc )are held in GCN Australia Limited,so I guess if a deal can be done with the liquidator than GCN Limited that is the listed entity will survive for the time being anyway .
However the Insolvency problem must be addressed and that could be a real headache for the
Directors as the liquidator digs a bit deeper as he should..
.
- Forums
- ASX - By Stock
- Ann: Chairman's Address to Shareholders
As I Understand it all the assets(if any) and liabilities (that...
-
- There are more pages in this discussion • 15 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
Add GCN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online