KZL 0.00% 12.0¢ kagara ltd

Half sold for pittance and the rest still waiting on...

  1. 5,438 Posts.
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    Half sold for pittance and the rest still waiting on administration.

    The longer the wait, the more cash flow to the administrators. The creditors extended the process for another 45 days (from the beginning of November) as they place more assets up for sale. The sad thing is, no one wants to be a buyer at this point of the cycle.

    Best of luck to you.
 
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Currently unlisted public company.

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