I think the line " revised proposals with a view to maximising...

I think the line " revised proposals with a view to maximising value for all creditors and certainty of outcome for all stakeholders. " is the key.
Creditors get some value but stockholder get the certainty of losing their stake. Hope I'm wrong but in a previous releases it was stated
The plan does not contemplate any recovery for existing shareholders, and existing shareholders would no longer have an
equity interest in the reorganised Speedcast Group.
Sadly, I can't see them changing this view. Just wish they'd stop using the "Worlds most trusted..." line in their releases.