Shareholders sit last and there won't be a return to them (in theory they can get a return but it just never happens).
Administrators will continue to grow the tree, harvest them and sell the wood if it makes commercial sense to do so.
Just a FYI the general order of repayment is this:
0) Administrator Fees
1) Secured creditors
2) Priority Creditors (employees)
3) Unsecured Creditors
4) Shareholders
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