CLE 0.00% 0.1¢ cyclone metals limited

If the ATO wins their case, they become a unsecured creditor of...

  1. 291 Posts.
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    If the ATO wins their case, they become a unsecured creditor of CFE which gives them the right to put the Company into liquidation if it doesn't pay.

    Until the case is settled, the ATO is still charging half of the interest on the amount claim. So this contingent liability is actually growing.
 
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