BCS
Click for more information
0.00% 40.0¢ brisconnections unit trusts

re: why doesnt some one pursue insolvancy

  1. snake100
    480 Posts.
    clock Created with Sketch.
    30/12/08
    16:22
    Post #: 4645010
    What is stopping some one buying 100m shares for 100k in a company and voting themselves on the board and making the company insolvent and distributing any assets to shareholders? Amazing no one has tried.

    Wonder what the queens land govt would do. Im sure the underwriters would help anybody liquidate the company.
    BCS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

TLG Talga to form joint venture with lithium producer SQM to develop Sweden's Aero project
right-arrow Created with Sketch.
RDN If you thought lithium was dead, think again. The Pilbara will be central to the next upswing
right-arrow Created with Sketch.
BOT US FDA approves Botanix Pharma's excessive underarm sweat drug
right-arrow Created with Sketch.
FHE Frontier Energy achieves key milestone for Waroona energy project
right-arrow Created with Sketch.
AML Cultural heritage agreement puts Walford Creek exploration back on the map
right-arrow Created with Sketch.
JGH Jade's strong gas exploration results another step towards Mongolian development
right-arrow Created with Sketch.
watchlist Created with Sketch. Add BCS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.