another trading halt, page-11

Hastie will survive now assuming the issues goes ahead as planned. That's a whopping amount of dilution but they've gone hard to pay off a much higher amount of debt thatn I thought they would. This maybe the reason why they ended up negotiating a low ball offer at 14c - to ensure survival. Looking forward to a decent presentation from them. If the $5b tenders come in as hoped, I think holders who buy and participate in the issue may do well in time assuming global growth is not impeded by a double dip.