Target Energy Limited (ASX: TEX) under liquidation by orders of the Federal Court of Australia.
- Mr Laurence Roe, the former Managing Director of the company, was the petitioning creditor who was owed entitlements arising from his employment with the company.
- At present, Mervyn Kitay, the liquidator is investigating the affairs of the company and would shortly update the shareholders on this.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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