Shareholders can vote to appoint a liquidator and voluntarily wind up a solvent company through the liquidation process.
However it would need 75% of the vote to pass, and in the case of FFX, it is unlikely that this process would realise maximum value for shareholders.
- Forums
- ASX - By Stock
- FFX
- Ann: Termination agreed with Managing Director
Ann: Termination agreed with Managing Director, page-63
-
- There are more pages in this discussion • 69 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online