As far as I know, shareholders usually rank behind note holders in the event of receiving proceeds from the liquidation of a company. So, creditors need to be fully paid before shareholders can be paid.
I am not 100% sure about the above. Correct me if I am wrong.
- Forums
- ASX - By Stock
- BNB
- bookarelli pty.ltd
BNB
babcock & brown limited
bookarelli pty.ltd, page-9
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)