Anyone remember the Ansett airlines case few year ago? Not 100%...

Anyone remember the Ansett airlines case few year ago? Not 100% sure but it seemed when it went to admin. The assets were sold approx. $3b but employees and shareholders got very little or none. If it is correct then what happen to our case. As most of good mid size companies drop 8-15 times from their high. So without the debt ADY should be in the range of 2c-4c. However,

1. If Rincon sale earns less than $30m then ADY will get none after paying the debts. So ADY still in the range 2-4c

2. If Rincon sale earns more than $30m then ADY will get some to buy the crusher for 1mt/y after paying the debts. ADY may be in the range 6-7c

3. If no one buy Rincon and if our case likes Ansett airlines then we may get none.

With 1msh. 1) I may have 20k. 2) I may have 60k and 3) I may get none.

To me it is a very difficult decision??