Hi cgst
I know how it works
I was in charge of the Insolvency section of the Victorian payroll tax office & attended many creditors meetings etc
This co appears stuffed & if it reappears in a new entity I doubt the current shareholders will derive a benefit
I have the additional "experience" of the old Zinifex shell _ guess it's name
We got nothing then & neither will AWS shareholders
The administrator will simply sell the BUSINESS elsewhere & they will restart but not to the benefit of the past shareholders
That's life
Best thing to do is to focus on another investment to recoup this loss
I hope that most AWS can do this
AWS
australian waterwise solutions ltd
i must be stupid, page-8
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