LNC 0.00% 99.5¢ linc energy ltd

This being my first (and hopefully last) experience with a...

  1. 136 Posts.
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    This being my first (and hopefully last) experience with a company going into administration, can anyone inform me of what happens now? The liquidators have issued a resolution to wind up the company last week, does this mean that shareholders can now write off their losses? If not what is the timeline for us to be able to write off the loss?
 
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Currently unlisted public company.

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