I have already detailed on this Board why I believe the move by FW , Teague and others to set up a separate RE was strategically wrong and not in our interests . I detailed reasons why and alternatives.
It was difficult to have this view confirmed today by the following comment by the receiver
'McGrathNicol has expressed a preference that Quintis maintain financial and management control of the schemes to better maximise a sale or recapitalisation'
This move with people like FW has jeopardized the interests of everyone especially shareholders.
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What next for Quintis Growers, page-50
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