bodo
Suggest you examine the Banks recent behaviour wrt property trusts which have breached their covenants.They are not 'selling them up' and nor will they let "non core" asetts go below a fair market value and that value will be nothing like a good deal for anyone except themselves.(that is how you would act if you were in their shoes)
This is my last comment on this subject.The commercial reality-as voiced by the administrator--is that if Tree owners don't vote for GNS proposal they will end up with zero.At this late stage,any other outcome is a dream.
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- vote no - shut down the schemes
vote no - shut down the schemes, page-8
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