SAS 0.00% 1.6¢ sky and space company ltd

As far as I can tell, creditors have agreed to not force...

  1. 654 Posts.
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    As far as I can tell, creditors have agreed to not force liquidation to recoup what they are owed. This will allow SAS to continue operating and not paying their bills (probably exchanging shares or options to creditors for later down the track). Never seen this before so can't wait to see how it all plays out.
 
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Currently unlisted public company.

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