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Buying Stock Back From Liquidator

ray500 · 2014-03-27 11:32:03

Am I allowed to buy my old stock back from the liquidators? They have informed me the maximum they can get for it. This figure seems very low and I feel I could possibly get more for it privately or through my contacts. They said I can but want twice as much for it as I was an ex director. Is this correct?

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27-03-2014 12:32pm

#1

ray500

Registered Users Posts: 1 ✭

Join Date: March 2014

Posts: 0

Am I allowed to buy my old stock back from the liquidators? They have informed me the maximum they can get for it. This figure seems very low and I feel I could possibly get more for it privately or through my contacts.

They said I can but want twice as much for it as I was an ex director. Is this correct?

0

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#2 27-03-2014 1:56pm
Gloomtastic!

Registered Users Posts: 8,486 ✭✭✭

Join Date: January 2010

Posts: 8192

Not sure if they are allowed to do that or not but why not get a friend/family member to buy it on your behalf. No conflict of interest then.

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#3 27-03-2014 2:48pm
Peterdalkey

Closed Accounts Posts: 2,091 ✭✭✭

Join Date: January 2012

Posts: 1977

The liquidator is being unreasonable on one hand but on the other he would view you as toxic and would not be interested in any suggestion that he sold the stock off too cheap to you!! Go with Gloomtastic's suggestion.

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