CRL 0.00% 2.0¢ comet resources limited

no idea but liquidators wont act in the interest of shareholders...

  1. 605 Posts.
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    no idea but liquidators wont act in the interest of shareholders they will act in the interests of any creditors.
    from my experience of working for a company that went into
    liquidation (and the worst case scenario happens to CRL) then the liquidators will waste as much money possible by messing around, physically printing hundreds of pages and charging per sheet then charging to post each booklet out to any creditors and shareholders etc. then take the shares possibly try to transfer them to creditors before eventually trying to sell any other assets before seeing whats left for shareholders

    this my worry for us now, that if no1 wants to fund a Matt Okane credit raise and we are slowly bled dry as the IG6 shares have another 16 months or something in escrow
 
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