KZL 0.00% 12.0¢ kagara ltd

I would think the va is installed to prevent a creditor...

  1. 5,747 Posts.
    lightbulb Created with Sketch. 120
    I would think the va is installed to prevent a creditor pushing
    For the backrupcy of the company

    If they had given up they would kept going along selling
    off what they could at whatever price probably could
    have kept going for another 6 to 12 months

    The problem is they have no cash

    It would take at least weeks to organize a caps raising
    In which time the SP would have dropped to 6cents

    Anyhow that is just my thought on the information at hand

    If the real debt has been hidden from us then we really
    Have been posting on false information

    To me The VA is the best result as with the market
    Dropping over the last couple of days the SP would be
    Under 10 cents anyhow

    If this takes 6 months to sort out the market hopefully would have
    Turned around and the Zinc and copper price would have
    Rebounded

    Wishful thinking maybe

    Imoo
 
watchlist Created with Sketch. Add KZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.