They have assessed whether they are likely to recover the debt based on there security.
first ranking security over the Port assets and the shares puts them in a good position. I hope they registered the security and the Whyalla Ports wasn’t given as security to another company.
Still a lot of water to flow under the bridge in this one. The administration process will be complex and long.
GLTA
DYOR
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$2.89 |
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