Believe receivers could be called in on the basis that Crescent now have full access to the books and could find they are trading whilst insolvent. This is due to dodgy acquisitions made by previous management.
Ultimately, calling in the receivers now will save hundreds of millions in litigation costs down the track.
Best of Luck
Lost
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25.0¢ |
Change
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Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 20.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 33444 | 2 |
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