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Ann: Shareholder Update, page-23

  1. sydneyguy
    13,104 Posts.
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    22/05/18
    11:01
    Post #: 33248111
    It doesn’t say who the administrator is!!!!!!!!!

    The new secured creditor who has insolvency experience can’t be an administrator as well if that’s what they are implying

    I’d expect there to be a clarification of this announcement, like , exactly who has been appointed administrator

    If it’s the same guy who is also now effectively the secured creditor - ASIC should step in ASAP
    BIG Price at posting: $2.22 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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