KZL 0.00% 12.0¢ kagara ltd

secured creditors get 50c, non-secured 2.5c, page-4

  1. 110 Posts.
    bb,

    i don't average down. my entry price is around 11c a few days before it went into va. but this does not change the outcome. whatever price we paid it worth nothing now. we are all equal.

    if creditors can get their money back by sell all assets they will do it. whatever left will be ours.

    if they get 50c and 2.5c for a $ then whatever the assets left will be owned by them not you and me.

    looks like creditors can not be paid in full so why do you still think there are something left for us?

    one thing i do agree with you. ab and mungana could be big winners in 12 months time. but we existing holders won't own them any more.

    too bad.
 
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