Considering talk that assets (Teleport) are in the final stage of carve up, why has there not been an official announcement of the appointment of a liquidator? Talk suggests the process has already started.
I don't doubt Newsat is finished just wondering why no official announcement. I thought due process would be administrators to report back to creditors with a plan to keep the company trading and then assuming there is no plan, or if a plan is not viable, appoint a liquidator and begin the sale of assets.
Not suggesting anything is untoward ,and PPB clearly know their business, I'm just curious. Anyone know?
NWT Price at posting:
11.5¢ Sentiment: None Disclosure: Held