XST 0.00% 0.9¢ xstate resources limited

Ann: SGC: Dempsey to Produce Commercial Gas, page-10

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  1. 7,782 Posts.
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    i think most find the processes to be laboured, but the period of time in which all this has been achieved is outstanding. i think the processes that are being undertaken will eventuate in all the remaining Singaporean investors ultimately being bankrupted should they fail to settle.

    it cannot end any other way. should they insist xstate take that step and require bankruptcy on hong and chloe, they may very well have some assets that are recoverable

    I wonder how keen they are to be bankrupted. its not the most desirable position to have imho
    Last edited by agentm: 29/05/18
 
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