Why offer scrip to A40 when they’re in debt to us for almost 50mill AUS? Seems more like a situation where the receivers value there assets (what they’re doing now) then give it to us, we clear the debt and call it a day. I’d be surprised if the A40 holders get anything after VA fees, receiver fees, paying employees etc.
Personally won’t Be thrilled if scrip is offered.
Own goal?, page-15
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