Administration is the beginning of the end for shareholders. If your company has been placed in administration, its business has almost certainly failed and your shares are of little, if any, value. The chances of any significant recovery, even if the entity is re-structured and recapitalised, are remote.
Remember who your directors and executives were and resolve to avoid in future any companies they may be involved in.
- I'm sorry for all the people that lost money, if not for my bearish outlook for the economy in 2012, this could easily have been my money......sad day indeed.
KZL Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held