WEC 0.00% 4.8¢ white energy company limited

Those shares were frozen as WEC obviously have shown probable...

  1. 319 Posts.
    lightbulb Created with Sketch. 70
    Those shares were frozen as WEC obviously have shown probable cause to the Supreme Court of WA that on the one hand it is likely that they will be adjudged damages in the ongoing Singaporean lawsuit and on the other hand that it may be impossible to carry out the resulting sentence, i.e. to exact payments in this jungle of corruption and anarchy called Indonesia. That's why the Supreme Court of WA have frozen Bayan's KRL shares as collateral. If WEC succeeds to maintain this freeze and if they win the lawsuit and if Bayan eventually fails to pay the ajudged damages these KRL shares will either be put up for compulsory sale or transfered to WEC (no idea how Australian law is arranged in this regard).
 
watchlist Created with Sketch. Add WEC (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
0.000(0.00%)
Mkt cap ! $8.158M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 35710 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 10000 1
View Market Depth
Last trade - 16.12pm 29/11/2024 (20 minute delay) ?
WEC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.