Today's Fin Review says that Laxey havent been given the green...

Today's Fin Review says that Laxey havent been given the green light from Macquarie to maintain the debt instrument that is critical to keeping things "as they are". If they don't get support from Macquarie wont they have to liquidate assets rapidly at prices lower than if they hold on?

Strange how Laxey had to give Permanent an indemnity before they agreed to act as Responsible Entity. Seems to indicate Permanent got a phone call the day before it all happened and had no time to look into Laxey's credentials (and when they did they got worried).

A long shot, but what happens if Laxey sells all the assets and then keeps the funds to use as a cash box? They have never said they'll return funds to EBI shareholders. That would be a brilliant scam.

I'll be sticking with Everest. Whilst it may not be the best form of research, based on web searches and their conduct to date I just dont trust Laxey.