RCY 0.00% 0.7¢ rivercity motorway group

I traded this around 20c and at 14/16c. I looked at it at 5c and...

  1. 19 Posts.
    I traded this around 20c and at 14/16c. I looked at it at 5c and things do not look good, but you never know stranger things have happened.

    I hope that this sp turns around for all holders, but the evidence would suggest otherwise. I have soldout fully and do not intend to re-enter at this stage. One thing I am unclear about is what stage will a decision be made regarding insolvency or receivership. If the sp goes to ground zero, surely the company ceases to trade? If this happens (hope it doesnt) what are the possible options? Any thoughts? I have not seen this type of situation.

    No flaming intended for any holders or supporters.
 
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Currently unlisted public company.

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