No, I don't think MMR are currently worthless. My point around...

No, I don't think MMR are currently worthless. My point around being in Advent SH best interests was that the Advent debt to MMR is repayable in script (not cash) so why would Advent want to offset that against a cash debt? Advent would prefer cash, but MMR has none. The fact they are pushing ahead also means that Advent think MMR shares at $0.004 could one day be seen to be cheap and I tend to agree. MMR SH naturally don't like the terms of the issue but if SH vote it down then enforcement is the next step which means a likely fire sale of MMR assets (ie Advent shares), not particularly appealing either, a lose-lose scenario for MMR.