In my 45+ years of trading shares, I have never seen an Administrator & 2 x Receivers keep the market
(a source potential of new capitalisation or back-door listing opportunities) so poorly informed.
One ray of sunshine in my inbox this morning from ASIC ;
This is to notify you that a document being monitored by this Alert Profile has been lodged on 24/03/2015 for the following organisation:
Name: ALCYONE RESOURCES LTD
ACN: 056 776 160
The document details are as follows:
Document No.: 7E6824424
Form Type: 505
Form Description:
Notice By External Administrator Of Appointment Or Cessation
Sub Form Type: 505L
Sub Form Description:
Cessation Of Receiver/receiver Manager
Without any formal market statement again ! ( well done expensive professionals ), one could possibly conclude from the above, instead of 3 vultures sucking at the carcass, there is now only one.
Sort of progress.
TPG.
AYN Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held