ABS a.b.c. learning centres limited

are shares over

  1. 122 Posts.
    Hi,

    One small thing I need to understand...

    I realise it is in administration, and being managed by administrators and creditors are after there debt...

    BUT seeing they say they will continue to operate at least 60% of the centres, and still assessing the rest...does that mean as a listed company, it is still operating and that for now our shares still exist (regardless of value)...

    So should it ever come to arrangement with creditors, perhaps evening selling out further international assets...etc could it trade again?

    OR is basically shares gone (though I know from tax perspective not offical yet).
 
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Currently unlisted public company.

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