KDR KBL

If KBL cannot repay the loan a receiver is appointed. The...

  1. w27
    2,449 Posts.
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    15/11/14
    10:59
    Post #: 14294982
    If KBL cannot repay the loan a receiver is appointed. The receiver sells the assets and pays all debts. If there is a surplus, the receiver retires and the company carries on. If the amount realised is less than the total owing plus the very large fees to the receiver, the amount available is distributed pro rata and the company is wound up. That is a simplified story but pretty accurate.
    KDR Price at posting: 8.2¢ Sentiment: None Disclosure: Not Held
    KBL Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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