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8.2¢ alita resources limited

Seriously has to be a movie made about this mess. So hard to...

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599 Posts.

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26/02/24

21:44

Post #: 72607216
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Originally posted by Juke77: ↑

vote AGAINST if you want liquidator to remain in control, vote FOR if you want the lquidator out and Alita handed back to its current directors.

God knows what Alita direectors will do if they get back control, either way there is nothing left for shareholders.

If liquidator stays IN then MIN will not contribute to tax payment, who cares, the ATO can go jump, shareholders still get nothing.

If the ATO is so keen to claw back tax they should have been involved when the transfer pricing was going on.

There is buckleys chance that Tawana and Lithco will cough up for tax payment - that ship sailed long ago.

This sage is a great case study for business students on :
how to screw the shareholders
how to screw the tax office
how to rip off everyone
how useless is the ASX
how useless is the ACCC
how useless is the government

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Seriously has to be a movie made about this mess. So hard to believe its real on so many levels. wow, simply wow!

A40 Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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