In my opinion all outstanding debts will be paid once investment properties are sold.
ASIC will most likely have some harsh words to deliver and possible minor penalty imposed. This will be a wake up call for the lad from the Wild West.
Then again what do I know????
Suffering shareholders you say. Wrists were slashed long time ago. Blood has drained. Thanks to Pete and Brewer. No protection for shareholders.
Even though most readers agree I am forbidden to say anything adverse about the ASX and ASIC. Must conform with Moderator's request otherwise post will be removed.
CCC Price at posting:
0.1¢ Sentiment: None Disclosure: Held