I understand from press reports that the shares were eventually transferred to tricom offmarket overnight post receiver apppointment
the administrator should look at having this reversed...we are talking $70m of stock...some of it arrow energy which has doubled in price since then...so this line of securities would be worth circa $100m now
this should legally be in the creditors pool, not with tricom
and what is ASX doing about it...nothing as usual...ASIC muddling along
perhaps michael west may be interested in this little story which seems to have been brushed under the carpet
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