MON 0.00% 29.5¢ monarch gold mining company limited

deed administrators update to shareholders, page-12

  1. 3,031 Posts.
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    Thanks for your interpretation 328i. Hmm ... any price (and not the .295 last traded sp). Guess there will be some creative accounting and off market transfers amongst sophisticated investors to best utilize capital losses if liquidation occurs. Or ... a re-listing ? .. Interesting.

    "The DOCA allows the Administrators time to conclude their investigations into the Company’s affairs and conclude their
    dealings in relation to the sale of the Company’s assets and/or a restructure of the Company’s share capital with a view to re-listing the Company on the ASX for the benefit of creditors and members."
 
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Currently unlisted public company.

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