ferrier hodgson circular to shareholders, page-2

Thanks for that nemaqua, the reading of that letter appears like a proforma that is sent in every case so, whilst I hope I'm wrong, I wouldn't put too much stock in the following excerpt:

At this early stage of the Administration, I am unable to say what the likely outcome of the Administration will be for employees, creditors and shareholders, though I do note that there is the prospect of the Company (perhaps in some altered form) trading again on the ASX. In this regard, I will be working with the major creditors, in relation to a range of possible measures to facilitate the best possible outcome.