The penny has dropped!
I won’t reveal my source but the info already portrayed over the last few days is exactly why administrators don’t give information to holders just to be blurted all over forums.
I tried to tell you guys to prepare over 12 months ago for what has been coming.
Mines been sold to an outside group for nothing like what most believe is the total debt and I wonder how many have considered the enormous administration and liquidation costs associated with the sale process over the last two years plus.
The note holders have taken a massive hit on this Not just us ordinary holders.
Claim your tax loss and try and move on. The only other option is a legal battle with the former directors of the company.
The noise should have been made long ago.
MBN Price at posting:
8.3¢ Sentiment: None Disclosure: Held
