5EA 2.22% 22.0¢ 5e advanced materials inc.

R U guys no reading this properly.This is a Chapter 11...

  1. 10,838 Posts.
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    R U guys no reading this properly.

    This is a Chapter 11 restructuring. It's a prepackaged "out of court" settlement ... if its not approved by anyone party then it goes to a Ch 11 bankruptcy court. This life support at best. I hope 5EA can find a way back from this ... but I doubt it and I've written my investment off. Rarely do the early equity investors see a return from this.

    Oh well ...

    https://hotcopper.com.au/data/attachments/5799/5799658-38556eb41ce633f36fd949f34911083d.jpg

    https://hotcopper.com.au/data/attachments/5799/5799661-bbf49d33501e0dac4c04459ca74697c2.jpg
    https://hotcopper.com.au/data/attachments/5799/5799669-4683ab55f308d48e73b42be892aaf5e3.jpg
    https://hotcopper.com.au/data/attachments/5799/5799673-2553877ddce3f36ea63676a8ae8520e8.jpg
 
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