As I understand our 2% entitlement to share proceeds has to be paid to unsecured creditors first before shareholders. I would be surprised if there was much left for shareholders, but time will tell.
My scenario would be that shareholders would be left with the company shell with no assets, which they may be able to sell to another participant who may be interested in listing.
At the end of the day I am not expecting a return.
PLA Price at posting:
6.7¢ Sentiment: None Disclosure: Held