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0.00% 0.1¢ continental coal limited

If it can be proven that a company is trading whilst insolvent...

  1. chris7
    515 Posts.
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    26/09/12
    14:17
    Post #: 10774236
    If it can be proven that a company is trading whilst insolvent then regardless of a director knowing that information he is liabel for a $220,OOO FINE AND OR 5 YEARS JAIL!
    May be hard to prove due to many companies creative accounting practises!!
    CCC Price at posting: 5.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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