Administrators will look for all possible options. One of the last options is selling company assets to pay creditors. Considering that company has more assets (USD100 million) than liabilities ( USD 50 million), I believe there will be some money left out for shareholders. Even if USD25 million is left as residual; shareholders will get a little over 3 ( A$) cents. The most recent buyers who bought below 1.5 cents will be okay. They might even make some profit, but unfortunately, long-term holders will lose badly.
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Administrators will look for all possible options. One of the...
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