The syndicate she represents seemed to have a decent plan for the company. More plan than I've seen from anyone in this company EVER.
BTW, my read, regarding your post, this is the only chance for the IP to be kept in Australia and have shareholders still with any chance of having anything. My read of the Creditors Report is that ASOF(Lind) deal will give ASOF 95% of the company with an option to take the rest. And they'll put nothing in. The Pinder deal looks like they'll give everyone a chance.
If you ask me, it appears like there's no real choice. It's Pinder all the way, and I'm putting in to help it happen, coz my Interest Bearing Notes and shares will get nothing from the ASOF deal...nothing at all. Actually, if my read is correct, the only value from the ASOF deal is for ASOF and the Administrator.
MST Price at posting:
0.1¢ Sentiment: None Disclosure: Held
