RES resource generation limited

News: RES Resource Generation Says Execution Of Deed Of Company Arrangement Leads To Cessation Of..., page-9

  1. 137 Posts.
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    I'm not sure what the next steps are but I did some quick research into possible outcomes and came across the below link Screenshot_20210812_213540.jpg

    Unfortunately the company (asx code: ims) is not trading yet but it might be a reference point for what can happen with us. It seems as though the companies shares are to be transferred to bennelong or a shell company and then relisted; obviously at a large loss for existing shareholders.
    Not sure if I'm on the right path here but interested to hear others views.
 
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