ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

IO up, steel price up, ARI come out of VA possible?, page-2

  1. 71 Posts.
    Unfortunately its up to the administrators to made recommendations to creditors then they will have a vote on what will happen. 3 possible outcomes, 1 company returns to the board & keep going (not gonna happen), 2 deed of company arrangements (DOCA), where all parties agrees to the restructuring of the company ie debt for equity, change of board...could be anything, 3 liquidation.

    If I recall correctly 26% of companies in VA are saved so not a high succesful rate, as for ARI I am rating DOCA & liquidation as 50 50.
 
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