Ann: Debt Update , page-58

why would it go into admin before seeking other financing alternatives. There is enough room on the balance sheet to diltute with a capital raising. We have CBA with a 6% participation, Legg Mason Asset Management Australia Limited with 5%, Renaissance and Orbis...are we thinking they rather like to have an administration than cleaning their balance sheet. Maybe I'm naive, but I believe MDT at the moment is a good Risk/Reward punt...even better than CER