In the event of administration, after secured and preferred creditors are paid following the sale of assets, shareholders participate in the residue, if any.
In plain English, shareholders will end up with zippo.
ABS
a.b.c. learning centres limited
In the event of administration, after secured and preferred...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
