Ann: Extension of Convening Period, page-3

A newbie here in regard to bankruptcy!!!
it seems the only way out of three, that
1/ the directors regain control and running the company once again…
is 50% out of 3 chances coming out of 30th of April Creditors votings.
The other two options are:
2/ wounded up and liquidated (if company is non viable)
and
3/ go with DOCA deed of company arrangement! (if Company is viable)
Since the Administrators’ opinion implies that the company is viable, considering option 3.
then Option 2 liquidation is out of the question!
Leaving a rare case of option 1 outcome: Return of Jervois “The Origin”
vs
option 3 DOCA, Jervois “The Private” with annihilation of asx investors’ money!
Head or Tail!?
Can anyone encourage the Creditors to choose option 1. “The Origin” and not the “Has been”
Tx