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After creditors have been paid, liquidator gets paid, then...

  1. Shortblack
    696 Posts.
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    02/09/23
    07:29
    Post #: 69700754
    After creditors have been paid, liquidator gets paid, then employees.
    This is why their doing it now, wanting to appoint their own administrator.
    There'll be enough in the kitty right now to ensure they all get paid.
    They want to walk away with their pockets full & all mates get paid. There'll be nothing left.
    PET Price at posting: 2.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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