Yes, and if JC was truly representing the best interests of shareholders he would made firm moves to both understand what principle offers needed to be presented to noteholders to get a resolution to pass before arranging a meeting. I wonder if he has learned from his recent mistake.
Not permitting PPB in to do a rudimentary investigation of the books just looks adds to the antagonism between JC and noteholders.
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Ann: Chairman's Letter to Noteholders, page-121
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