Feb. 8 at 7:53 PM
$GENE https://www.listcorp.com/asx/gtg/genetic-technologies-limited/news/notice-of-reconvened-second-meeting-of-creditors-3147888.html
At the Reconvened Meetings, creditors will be asked to decide and vote on whether:■the Company should execute a DOCA (if applicable); or■the administration of the Company should end; or■the Company should be wound up.As the Company is insolvent with no funds to pay its debts and no proposal for a DOCA has been received, the Administrators consider it is in creditors’ interests for the Company to be wound up.