GREY:BLKWF - Post by User
Comment by
RockLobster1on Jan 21, 2015 8:59pm
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Post# 23346603
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News release
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News releaseMy basic understaning is:
1 - secured creditor approc 16m
2 - Mgmt creditors 10m
3- others
4 - shareholders
Since the mgmt creditors would like to be fully paid there should be incentive to fully cover all the debts up to paying shareholders.... so perhaps there will be some left over.... I won't expect much , but could be a penny or 2.