the project will go ahead. thats why macbank brokered this deal with db and qic, no doubt with qld state govt involvement too.
bolton has probably already agreed to the deal, or at least was privy to it.
2nd installment? well, if retail investors default on the first installment and lose their share, then they arent up for the 2nd inst - macbank, dn, qic will pick up that aswell.
sharholders can keep the share by paying the installments, but for most they have just dodged a massive bullet, lots of people just got saved bankrupcies, etc. this will no doubt have relieved alot of stress out holders out there....
- Forums
- ASX - By Stock
- oppression and blackmail
the project will go ahead. thats why macbank brokered this deal...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BCS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online