According to ASIC company search, ASSET RESOLUTION LIMITED was registered on 08-08-2012.
Does anyone know what sort of renumeration costs will be involved here? 3 x $$$???? for the directors etc..??
And what about litigation proceeds..?
http://www.nsxa.com.au/ftp/news/021725728.PDF
if all 830,532,768 units in the PIF now also have "...received by way of transfer a share in ARL for each Unit they hold in the Fund...." and the
"Assets acquired by ARL"
include
"..All interest in the:
? Class Action;
? ASIC compensation claim
? Proof of debt in Octaviar Limited (in liquidation) and Octaviar Administration Pty Ltd (in liquidation)..."
it looks to me like we are dividing by 830,532,768....
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