KZL 0.00% 12.0¢ kagara ltd

It's better than nothing. And that's what the liquidators left...

  1. 1,724 Posts.
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    It's better than nothing. And that's what the liquidators left shareholders with - nothing. Of course if you have a spare 250k, you could opt out and mount your own legal challenge, but there is no guarantee you'll get something better. The lawyers have given a 1/3 to shareholders, which I think is reasonable given court costs, funding risks etc, and the minimal risk to you, the claimant.
 
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Currently unlisted public company.

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