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Ann: Notice to Shareholders re Liquidation, page-2

  1. ozblue
    9,393 Posts.
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    21/04/15
    17:30
    Post #: 15128535
    I just had a look through that document, and if I have read it correctly the biggest creditor is the liquidator!!! It looks like $150k was owed and $162k in bank when administrators were called in, now they are owed $540k!!
    Anyone have a different take?

    This is an insult to shareholders.
    CFU Price at posting: 0.4¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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