SHD 0.00% 2.7¢ sherwin iron limited

Interesting development ! Are we saying the company's creditor...

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  1. 246 Posts.
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    Interesting development !

    Are we saying the company's creditor has now become the major shareholder and Jerry has lost his holdings/control?

    If that's the case it might indicate they want the project to proceed otherwise it would have been simpler for them to have the receivers flog the assets to repay the loan or am I reading this incorrectly ?
 
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Currently unlisted public company.

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