Hi Paul, I hold some Altura Mining which went into liquidation last year. I rang the liquidators who informed me that they were not involved anymore and the directors had taken over.
What does this mean?
A: Thanks for the question.
Altura Mining (AJM) is no longer in receivership. It hasn’t been liquidated. Although it remains suspended on the ASX, the Directors are planning to re-capitalise it and have the shares traded on the ASX.