GREY:RVVQF - Post by User
Comment by
Ikavdeolon Feb 06, 2020 10:14pm
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Post# 30655345
RE:What's the problem????
RE:What's the problem????Hi Oilcan, if the company goes into voluntary administration, asset are liquidated and debenture holders and contracted suppliers are paid first. Once all liabilities on the balance sheet has been paid, preferential shareholders are next, then ordinary shareholder. Is not the value but the order that the assets are being disbursed is important and ordinary shareholders are last in that order.