most of the media articles content was historic. A few bits of interesting new info re 10 in data room, advisors appointed, etc. Would make for a few paragraphs on page 10, but AFR decided to make a fallen master of the universe story out of it.
If they can find a cornerstone investor with a bit of reputation to take some equity they should perservere. They are cash flow squeezed, but hopefully not to death. Would be bad to see the leasing side go, would have to be a last resort.
Coe is still worth $160m with much of it tied up in Allco...
Just have to wait till monday. Not overly optimistic though...
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