BGC 0.00% 0.0¢ bridge global capital management limited

voluntery adminitrators, page-5

  1. 806 Posts.
    lightbulb Created with Sketch. 228
    Just Google:
    deed of company arrangement australia

    The link below is a sample case study.

    http://www.leviconsulting.com.au/files/insolvency/LC-CaseStudy-01.pdf

    I'm no expert so I'll leave you to do some research.

    I'd like to know whether the previous tolling deal has fallen through or whether voluntary administration was sort because funding for working capital and the bond interest payments are not currently available.

    Hopefully, Voluntary Administration will lead to a DOCA rather than liquidation. If liquidation, I doubt we would get anything given the current market for assets. If a DOCA was struck, I hope the bond holders aren't greedy.

 
watchlist Created with Sketch. Add BGC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.