RIP AWS. Doesn't sound to me as though the administration was all that voluntary at all. Entire board resigning? I guess that is part and parcel of administration, as I've never been involved with this sort of debacle before. Based on that announcement, I can't see them ever re-listing. Things are a lot worse than first announced.
I had a cuppla hunderd k at an ave. of 1.2 cents, so I have not lost a huge amount, but you gotta wonder just how angry the people are that bought truckloads at 1 cent in the recent issue thinking that they were gonna make a motza.
And to you folk that were in touch with them and were fed a load of BS, I know how you feel. Just proves you never ever know who you can trust.
AWS
australian waterwise solutions ltd
voluntary administration, page-9
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