Ann: Removal from Official List, page-7

  1. 46,902 Posts.
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    Does anyone know if its standard Modus Operandi for liquidators / administrators to not report to ASX and for ASX not to report to shareholders through their platform after a company has been delisted ?

    I am reliably informed that the administrators have presented a deed of company arrangement ( DOCA )  to the creditors of CDU These scenarios rarely end well for shareholders who are not creditors. as the shareholders in A40 ( the old TAW Tawana resources ) found out.

    Anyone still holding stock in the double appendage dog should take some time to read the ASX announcements on A40 to give you a blueprint on how this likely plays out from here.


    https://www.asx.com.au/asx/statisti...amp;asxCode=a40&timeframe=Y&year=2020


    https://www.asx.com.au/asx/statisti...amp;asxCode=a40&timeframe=Y&year=2019
    Last edited by h00ts: 06/04/20
 
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