asset sales and phil thomas, page-24

Thanks again for your reply Tom.

Your quote :If you didn't understand that the company was on the verge of going into receivership from public disclosures then nothing i say is relevant because you don't get commercial reality or rationality particularly in the sort of market we are in.

Again I would stress that you need to read and digest all - I repeat all disclosures made by the CEO of the company which indeed painted a completely contrasting view to the one you have assumed.
You see you have really missed the point - that it is certainly not the fair view that was given to shareholders.

Please do much more research before responding to me again

Thanks