Given that the conversion date of the GNSPA was due to be 15th Oct presumably this cannot now occur with the company in administration. That means that the GNSPA holders still rank above the ordinary share holders if there is any money left over after the banks have ripped out their share. I am not holding my breath. In any case I had written off my holding (of GNSPA) a while ago.
Pity it had to come to this.
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