I've posted before that the most I expect as a shareholder is a renounceable right to apply for preferential allocation of shares in the restructured entity. As far as actual cash value of my current holdings are concerned, I would regard anything above zero as a bonacle (roughly equal parts bonus and miracle).
They're talking about selling Moly-Cop, closing or divesting Whyalla, restructuring and selling the rest of the group. @cheekyjcer , What's your estimate of what we'll get out of it?
ARI Price at posting:
2.2¢ Sentiment: None Disclosure: Held
