Administration and liquidation are two totally different things. Administration doesn't mean you're out of business.
That said, I don't think the administration angle would work anyone to remove the Special Manager (the legislation seems to suggest it wouldn't).
The reality is that their operations aren't going to be throwing off enough cash.
There's only one person getting paid for sure and that' Steve.
It will be interesting to see how it plays out.
Ann: Trading Halt, page-38
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