So where does all that leave the noteholders Rewind? Remember that it wasn't the banks that pulled the plug. It was the directors. They must have done that for a good reason, before the 6 month period was up.
For those that haven't seen the slides from the creditors meeting on the 14th here is the link to it:
http://www.mcgrathnicol.com/currentprojects/allco/Pages/creditorinformation.aspx
So where does all that leave the noteholders Rewind? Remember...
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