I think they have not liquidated SGH only because it makes more sense to get UK for $25M and own 95% of the AU business for next to nothing. If that's not approved they will likely gut SGH like a fish and move on. They'll probably salvage more then the 25% value they paid the banks and couldn't care less about the rubble left. They'll be onto another dying dog faster then you can say Dick Smith.
Ann: Settlement of Hall Proceeding, page-26
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