I guess for those of you that hold this stock some news is better than no news at all.
To me this didnt sound too good at all. The main thing that struck me was that it appears that essentially what they plan to do is to realise the stella assets and use those funds to satisfy the creditors.
Thats all well and good, but once that is done what does it really leave? Where are the future incomes going to come from?
From my previous readings it would appear that the financial business are well.....basically gone. I think in the reports they themselves mentioned that significant goodwill had been lost.
So if stella goes.....I just wonder what would be left and what direction they could take. And if it does go.....how much cash will be left in the bank to go and make a new future with?
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creditor and business update, page-3
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