Ann: Change of Director's Interest Notice- Mi, page-12

re: Ann: Change of Director's Interest No... If you think receivership is likely wild bill you should sell out on Monday

I cannot see Andrew Boon , a high profile actuary and a lawyer jumping in to the fire if they were simply going to go in to admin then receivership

If that does happen PPX holders will get Zero , and in my view after an administration , PXUPA holders are likely to get about the same .

Watch what Gunns shareholders and hybrids end up with as an indicator

Best way is to cut the costs and start making a profit out of the part of the 4b in revenue that is actually profitable