As at the end (or more like adjournment) of the previous (2nd) meeting of creditors, they were talking about another meeting (resumption of the 2nd) being scheduled for the 8th October.
As I understand it, if the potential 'white knight' decides to proceed with coming to the company's rescue, a proposal will be put forward to the voluntary administrator, who will review the pros and cons of that proposal and send his review at least one week prior to the meeting if possible (otherwise the meeting would probably have to be delayed to allow creditors time to consider the review).
Cheers.
As at the end (or more like adjournment) of the previous (2nd)...
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Last
$1.01 |
Change
0.055(5.79%) |
Mkt cap ! $178.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 2195 | $1.00 |
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|---|---|---|
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