And who will they sell it to if there is no buyer today or tomorrow or next month. Given they have no vested interest, perhaps they will take anything , 5m ,10m, enough to cover their fees which is how my observation of companies in administration are run,as long as the administrator gets paid. Faced with this option or the possibility of not only getting my interest and 100c in the dollar but also potential upside if I am patient, I would take the latter. Do you really think noteholders would be as blaze as you in wanting a quick death if it means not getting their money back . its $47m , not pocket change.
AZZ Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
