The NTA is half of one cent, but if all assets are sold at current book value then holders would receive 4 cents due to some assets values being below their related debt and the debt being non recourse.
Very high chance of there being no money left for shareholders at all as the extreme gearing means that only a very small discount to book value wipes out all shareholders equity.
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- going the wrong way.
going the wrong way., page-10
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