WYN 0.00% 21.5¢ wynyard group limited (in liquidation)

A cognitive point for shareholders is that the board have placed...

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  1. 356 Posts.
    A cognitive point for shareholders is that the board have placed the company into voluntary administration but not receivership. I’m no expert in this area by admission, but a fire sale takeover or a consortium rescue may very well still be prospective.

    Just six shareholders own 47% of the company and between Morgan, Thiel and Skipton, they might put something together to rescue or salvage their investments in WYN ?

    To buy out WYN at the mo for Thiel wouldn't even be a blip on his balance sheet, it would be a bigger extension for Morgan but they may believe they could better manage a local co, and I think they would be correct to be honest ?
 
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Currently unlisted public company.

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