The administrators understand shareholder position and claim, but have not been provided with our supporting documents. We have placed plenty of energy and money into this claim.
From my understanding, there are several parties attempting to restructure this project in a way that may satisfy all interested parties.
Class action and personal claims, although ready to go, have been put on hold to allow presentation of the proposal and ensure we retain the listing.
We should receive the proposal in the coming week or so. Notably, we will be provided the opportunity to vote.
- Forums
- ASX - By Stock
- News: RES Resource Generation Says Execution Of Deed Of Company Arrangement Leads To Cessation Of...
The administrators understand shareholder position and claim,...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RES (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online