re: whats up with this trading halt? Maybe MRC had some form of guarantee associated with the other entity
With tax (payroll at least) if one co is controllled by another the debt can be "transferred" to the parent in some cases, otherwise limited liability prevails & co's are responsible for their own debt & go into liquidation if insolvent
Shareholders are protected with Ltd liabilty co's except for partly paid shareholders. As far as I know they can be sued for any balance unpaid
NL co's are protected from this
- Forums
- ASX - By Stock
- trading halt
re: whats up with this trading halt? Maybe MRC had some form of...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRC (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.59M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MRC (ASX) Chart |
Day chart unavailable