NWT 0.00% 11.5¢ newsat limited

Liquidator

  1. 3,147 Posts.
    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?
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