Ann: Appointment of Receivers and Managers-KBL.AX, page-10

going from some of the posts here a lot of new punters got drawn in to buying shares. 5k buys a lot of shares at .002.

It will be interesting to see what happens. The announcement says the receivers are working on a strategy. Not sure what that could involve. In theory they can continue to operate the business.

I am assuming that the secured creditor is quintana, so the receiver is only tasked with recovering the money owed to them (plus their costs of course)

Not sure what that amount currently stands at.

Anyone know what happened at the creditors meeting yesterday?