Ann: MBN Update 18 October 2013 , page-33

yes just read that nordesmic in the hard copy, from our lovely scare mongering friends at Street Talk.

Saw their form with the Billabong debacle unfold (very selective reporting for the benefit of the suitors at that time)- must say they improved their reporting towards the end being more unbiased. Especially when Centrebrige Oaktree entered the bidding fray with a big bang and competitive bidding tension intent, as opposed to the pip squeaks and tyre kickers of Sycamore, TPG, Bain Capital...

Now we have them beating up on our lovely Mirabela, obviously they have some good inside running, but they stop short of commenting about talks between financiers, business advisory firms, potential customers and offtake partners, etc... and no mention of those 2 dreaded words, Voluntary Administration (obviously going by last week's interim update, looking highly unlikely).