Cockatoo Ridge Wines calls in administrators
January 21, 2010

In a further sign of the troubles confronting the wine sector, ASX-listed Cockatoo Ridge Wines has advised investors that they have entered voluntary administration ahead of what they forecast to be another difficult quarter. Formed two decades ago, the South Australian-based wine producer suspended trading on their shares on December 10 as they worked to sell their Monash winery. They managed to lease the property last week but the cashflow boost was not expected to stave off insolvency. “Cockatoo... ...Read more »