SO4 0.00% 31.0¢ salt lake potash limited

Class Action/Lawsuit against SO4/Board, page-234

  1. 4,836 Posts.
    lightbulb Created with Sketch. 2367
    This is normal for companies in administration and/or receivership. It is being managed by the administrators and receivers, not the directors or staff. It is being run for the benefit of the creditors, not the owners. You can be certain that the receivers and administrators are in constant consultation with the creditors. We will be told in due course what, if anything, is left over for the owners. That can take many months. Don't hold your breath. Don't expect very much. Be grateful that your liability is limited to your shareholding and that the creditors can't come after you for anything more.

 
watchlist Created with Sketch. Add SO4 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.