LVT 0.00% 0.6¢ livetiles limited

Ann: Company Update, page-54

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    Out of interest, being an asx listed company this has a limited liability which according to Google

    "refers to a company in which the liability of its members is limited to the amount (if any) unpaid on the shares held by them. These companies, therefore, provide shareholders with limited liability. Similarly, the directors of a company limited by shares are also not liable for the debts of the company."

    In this settlement, both the company through the cash payment was liable and the owners, who gave up shares were also liable. Is this odd? Not suggesting anything wrong, but curious how the settlement works
 
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Currently unlisted public company.

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