newsletter released, page-52

well, it's such a completely absurd proposition. People need to do a little bit of maths and some thinking before they post.

Anyway, I did some maths and showed everyone really how unpalatable it is. So we need not discuss it any more.

If there is anyone here on the site who is an ordinary shareholder who wants to shoulder the burden of a 1:1 rights issue, or even a 2:1 rights issue, so that all the money can be used to bail out bondholders and preference shareholders whilst the ordinary shareholders suffer a massive dilution, well let's hear from you now.