The ASX and ASIC have warned they are ridding the boarse of...

The ASX and ASIC have warned they are ridding the boarse of "ZOMBIE" companies.Reason, they are sick and tired of directors living a lifestyle on the back of large shareholder losses whilst achieving nothing other than capital raise after capital raise.
Ceramic Fuels is just the start of a long list of "ZOMBIES" to begin hittting the voluntary administration highway.
90% of peeny dreadfuls will be in VA within a year.