AWS australian waterwise solutions ltd

i must be stupid, page-8

  1. 1,536 Posts.
    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
 
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