re: trading halt receivers appointed The shareholders get nothing if it's sold that way as a going concern. The only interested parties will be the principles and they will get the company back as a private company without encumbrance of being a public company.
This is happening more and more as a deliberate tactic. Being listed is OK at the time of an IPO when shareholders put in their money, but the reporting and the shareholders are a pain in the butt when the company is struggling and all the shareholder equity is squandered.
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