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Ann: Voluntary Administrators Second Report to Creditors, page-4

  1. Chrometophobia
    194 Posts.
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    27/04/19
    08:53
    Post #: 38285403
    In short, it means:

    creditors of WPG get something
    creditors of Tunkillia get something
    creditors of the other companies get nothing (main ones being Challenger and Tarcoola)
    shareholders get nothing

    Advice from admin is that it’s unlikely any action would succeed due to a number of reasons, best to read the report.
    WPG Price at posting: 1.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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