A40 0.00% 8.2¢ alita resources limited

LIQUIDATION & BALD HILL FOR SALE, page-19

  1. 10,875 Posts.
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    DA acting in 'best interests of the company' rather than best interests of creditors.

    The reference to "acting in the best interests of the company" has generally been interpreted to mean the collective financial interests of the shareholders.

    Kind of has the feel of director/administrator resuming role as director rather than receiver/DA.

    It is interesting.

    https://hotcopper.com.au/data/attachments/5555/5555527-7fcf47d88ff1be43402df0b155f9c7b6.jpg
 
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Currently unlisted public company.

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