UXA 0.00% 0.0¢ uxa resources ltd

A very bearish ANN today, but I am not sure what it means:"The...

  1. asf
    9,888 Posts.
    A very bearish ANN today, but I am not sure what it means:

    "The directors sincerely apologise to all stake hold
    ers for the ultimate demise of the company."

    ... the Directors of UXA have resolved to cease trading, effective immediately."
    ________

    Cease trading? Is that another name for liquidation? It's an unusual ANN, with no explanation as to what it means for shareholders. Something to follow? Your thoughts?
 
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