CCU
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0.00% 5.8¢ cobar consolidated resources limited

Banks aren't that stupid.In the event of liquidation,...

  1. peakmastery
    1,118 Posts.
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    19/03/14
    13:00
    Post #: 13146428
    Banks aren't that stupid.

    In the event of liquidation, liquidation costs and outstanding employee wages get paid first, then secured creditors, ie CBA.

    It's the shareholders that get stiffed.
    CCU Price at posting: 5.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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