Ferrier Hodgson are absolute parasites whose mission in life as an Administrator is to bleed the company it ise supposedly administering of as much of its asset base as possible before distributing what is left over to whoever is left standing. What a travesty!
ASIC should be investigating this rort as much as the other pirates who appear to be still sailing unimpeded in these waters. But given their track record of accomplishing anything material . . . don't hold your breath.
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Held