I think it is also important to point out Keg that sadly in the list of priority, shareholders will get nothing if this goes under. Unless you are a (in order of priority) employee, secured creditor or the administrator (they will always get their fees), then you, me and everyone else has lost everything.
It it would be interesting to see if Mr Fitzpatrick’s recent loan is secured. I expect it is, he’s not a fool.
Although it it could be argued that purchasing EMC was unwise. Some may say foolish.
- Forums
- ASX - By Stock
- CCE
- Ann: Appointment of Voluntary Administrators
Ann: Appointment of Voluntary Administrators, page-16
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCE (ASX) to my watchlist