Roriton , yes you are right , the value in the company , lies in. the hands of the secured creditors . But that is where the 5 million debt is. So how much value in gold in the groundd worth ? But isn't 18 year old female , the sole director of a company GPE Pty Ltd that has received over 6 million from the company. Please correct me if I am wrong , I'm just trying to comprehend this.
Ann: Proposed issue of securities - CLZ, page-24
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