FAS fairstar resources limited

FAS are suspended because they didn't pay their listing fees, so...

  1. 10,824 Posts.
    FAS are suspended because they didn't pay their listing fees, so to get relisted they have to pay their annual fees, unless they can't because they have no cash. FAS confirm they have $0 cash in their 1/4ly report.

    Companies that have no cash and can't pay their bills when they fall due - like listing fees - are said to be insolvent.

    Are the directors absolutely sure they're not trading while insolvent ?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.