credit mkts recovering as per target, page-13

The Fin Review carries an article on rams today. It states that Wilsons have a value of 90c on Rams. They also have the view that Rams will run out of cash by December. Only when the cash runs out will a buyer appear and then at a figure under 70c.

A pretty bleak view there. Looks like you will want your holding price to be more like 65c max at this point.