some balance with this story, page-12

Certainly is hu$h. This is the reason why you won't see anyone else popping up and paying for the loan book because it worthless. Rams customers are already paying more than what they would if their loan was with one of the big 4 so it's a no brainer. Off they go and refinance and cop the termination fee. Anyone that's left behind won't be much chop because their credit rating is probably dodgy.
Well there you go, stop talking wishful thinking everyone. I don't think a counter bid will happen. As I've posted before, why would anyone pay for business they'll pick up by default? If Tuesday didn't happen and it was business as usual, then the loan book was worth something, now it's stuffed.
We've been royally screwed by Kinghorn. Artilce in the AFR is talking about class action on behalf of shareholders against RHG. They want to find out if the board was aware of liquidity problems in the global credit market before the float.
Derrrrr.......