TNC 0.00% 5.2¢ true north copper limited

takeover now=rdf, tti or us coy's, page-3

  1. rab
    4,567 Posts.
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    Also in the article(AFR)
    Transol could be vulnerable to litigation from shareholders, a legal expert said, if the company was found to have misrepresented statements before its capital raisings.
    The company has raised $4.5m from shareholders this year, $500,000 of it as recently as May.
    Mr Sims(receiver) said he had not completed a full valuation,but the assets were expected to fetch a minimal price.The full sale of the assets is expected within two weeks.
    RAB
 
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