ADY admiralty resources nl.
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I was at Ajax Fasteners when they went down, administrator was...

  1. kugor
    9 Posts.
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    28/11/08
    09:32
    Post #: 4550806
    I was at Ajax Fasteners when they went down, administrator was charging $650 an hour. The rest of his team was going down step by step to min. $150. And let me tell you it can take long time to solve situation. How the system works is administrator is first in line to get paid from the sale of the asset, then secured creditors then if there is left overs workers.
    ADY Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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