KZL 0.00% 12.0¢ kagara ltd

secured creditors get 50c, non-secured 2.5c

  1. 1,686 Posts.
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    Secured creditors get 50c, non-secured 2.5c in the dollar. Bad luck PB. Kagara will retain AB and Mungana and be refloated.

    Most important - The company has access to the same technical team that took Kagara from a market capitalisation on listing of $5 million to $1.4 billion before the GFC. Joe Treacy

    See: Kagara rescue hits headwinds
 
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Currently unlisted public company.

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