TEN SIXTY FOUR LIMITED (ASX:X64) - Ann: Voluntary Administration Update, 70669098, page-6 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Australia's largest stock trading and investment forum Australia's #1 stock forum

X64

Click for more information

0.00%

57.0¢ ten sixty four limited

First 6 Last

Share
Profile

Follow
SilverTeenager

744 Posts.

106

01/11/23

14:59

Post #: 70669098
Share

Originally posted by ThinkinLoudly: ↑

@SilverTeenager Are you still about?

Do you know who the officers of Komo Trading are?

I'm curious because after circa A$1m of fees, all powers now reside with Komo Trading including appointment of directors to X64 Ltd. My sense is that some sort of deal with RV and Komo has been done or is being crafted which might eventually exclude and benefits to X64.

Other than that:
1. KDTL is excluded from definition of subsidiaries in the proposed DOCA ... maybe deliberately;
2. The tolling agreement between MMPRC and PMC is up for debate (which oddly must be acceptable to KDTL ???);
3. Documentation is inexplicably silent of inter-company balance between MMPRC and PMC ... circa US$270m;
4. Hunting McGlinn through the courts looks like a focal point;
5. Looking ahead will be interesting how they account for and statutorily report all this...

Have a great day

PS Groundhog ... I have no interest that you will not comment. DYOR!

Expand

X64 Price at posting: 57.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 10 more messages in this thread...

First 6 Last

Add X64 (ASX) to my watchlist

SPONSORED BY