Australia's largest stock trading and investment forum Australia's #1 stock forum

XST

Click for more information

0.00%

0.9¢ xstate resources limited

but what is bankruptcy to them? just reputation.. money is more...

First 243 Last

Share
Profile

Follow
Agent2018

40 Posts.

2

15/07/18

19:09

Post #: 34355592
Share

Originally posted by agentm ↑

i would assume they easily proved their credentials, and equally Xstate made sure it put in binding agreements that were of impeccable quality to ensure they could be enforced.

but for reasons sanston and their clients would only know, they refused to participate whilst always promising to pay to xstate

but they now face bankruptcy, and at a minimum i expect xstate will bankrupt the two remaining investors whilst they refuse to pay. the enforcement of the orders will be there for many years to come.

Expand

but what is bankruptcy to them? just reputation.. money is more realistic. moreover, the remaining two do not have financial might to pay their dues, plus Tanzil (the main) is already bankrupt.

In the first place why a bankrupt can enter a binding contract?

XST Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

US election outcomes: Key economic and market takeaways

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

There are more pages in this discussion • 19 more messages in this thread...

First 243 Last

Add XST (ASX) to my watchlist