Alita Restructuring_ Final Countdown, page-43

That’s just cutting your nose off to spite your own face. If CHEL has a proposal that see’s current shareholders getting something (rather than nothing), then I’d be fully behind it.

What we have here is a shady offshore entity (probable Chinese) attempting to snap up Australian resources at bargain basement prices. Bitterness aside, if it’s one between the other, with no benefit to shareholders either way, I’d rather see that resource stay in Australian hands, rather than fall to the Chinese that are largely responsible for this whole event (think Burwill).