DXF 0.00% 5.0¢ ding sheng xin finance co. limited

Brilliant This company is suspended, because they can't afford...

  1. 4,783 Posts.
    lightbulb Created with Sketch. 149
    Brilliant

    This company is suspended, because they can't afford to pay their auditor

    How close to trading while insolvent does that make it? No Australian Auditor can verify the bank accounts and cash balance, and the Chinese govt have basically seized their bank accounts to cover contingent liabilities (which they forgot to tell us about iirc)

    And they can't pay their dividend. etc Nor do they know when, or if they will ever get approval

    In what way is this not a class action in the waiting
 
watchlist Created with Sketch. Add DXF (ASX) to my watchlist

Currently unlisted public company.

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