The more I look into this, the more nervous I am becoming : The...

The more I look into this, the more nervous I am becoming :
The outcome of a VA is as follows :
Creditors can decide at the second meeting to:

• - return the company to the control of the directors
• Highly unlikely as the incompetence of the directors have led us into this situation and creditors not likely to approve this.
• - accept a deed of company arrangement (the deed must be signed by the company within 15 business days following the meeting, unless the court allows an extension of time), or
• Most likely outcome as the company has got means to generate income and pay out debts. But the question is what we SH are likely to get out of it ? Looks like Noble will provide a debt-for-equity offer on their terms and in that case, what chance do we have and if so what can we get ?
• - put the company into liquidation (this happens immediately, and the administrator becomes the liquidator).
• The worst outcome, but IMO highly unlikely unless the operations have been significantly affected.

Does anyone have any previous experience is such situations and could shed some info ?