Just received the following notifications from ASIC. I haven't bothered to pay to read them in full but judging by the form descriptions I'm assuming it means the proponent group of shareholders were not able to salvage anything and the company will now be liquidated.
Form Type: 505Form Description: Notice By External Administrator/controller-Appoint/cease Sub Form Type: 505JSub Form Description: Appointment Of Liquidator (creditors' Voluntary Winding Up)
Form Type: 509GForm Description: Notice Of Termination Of Deed Of Company Arrangement Sub Form Type: 509GBSub Form Description: Notice Of Termination Of Deed Coy Arrangement - Admin Ends
Form Type: 509DForm Description: Notice Under S.446a Of Special Resolution To Wind Up Company Sub Form Type: 509DCSub Form Description: Resolution Under Reg 5.3a.07 Or S444b(2)
BIG Price at posting:
$2.22 Sentiment: None Disclosure: Held