African Minerals - poosmells - If Deloitte can sell the...

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poosmells
09:07 11/04/2015
4unme
0 replies 0 0

If Deloitte can sell the assets more than debt, whatever money left will be distributed to shareholders regardless of whether you join action group or not. If however, if SISG is the only interested party and buys the assets cheaply even bondholder may not get their investment back.

Shareholder action group will be suing directors, accountants and brokers for negligence, misleading information etc. It will be a long legal battle. Unless they want to settle it out of court.
hope this helps

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Rate this company...

Latest from the Community...

VOG30 NovSELLVOG27 SepBUYKIE19 JulBUYAFE30 JanBUYVOG15 NovBUY
Re: AFE Stream Log So The marker is 543,826 Beaten by 116,917 which is down ... Re: AFE Stream Log 17th August 2024 (B) 436,892 ( Por ) 660,743 ( debt ) -2... Re: AFE Stream Log The marker is 18th May below 543,826 it is now 548,649 ...
Do you need Finance? Are you looking for Finance? Are you looking for finan... BZT, will it be another 25 bagger? Are you a buyer, seller or holder? Long term investor (dividends) or short...