ABS a.b.c. learning centres limited

Following from Balmersdog, the article mentions administrators...

  1. Obdurate
    808 Posts.
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    05/11/08
    09:57
    Post #: 4467336
    Following from Balmersdog, the article mentions administrators and receivers. What is the difference in their roles? Anyone? What are some of the scenarios for shareholders? Anyone? I think I have done about 5k on this one. Bugger. Coulda been worse. Its a learning experience. I didn't do my homework and man am I being punished for it. Lesson: stay away from one man bands esp if headquartered in QLD. How many crooks are up there???
    ABS Price at posting: 54.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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