news.com.au reporting voluntary admin, page-60

VAH aren't going anywhere..They will remain in one shape or form.. voluntary administration is good in the sense that it allows the administrators to recapialise the company..
The only losers are shareholders, most of those are very large foreign owned Chinese and Arab entities with deep pockets..Let them bail the thing out .. NOT Aussie taxpayers...

VAH has huge debts..why did not these very large powerful foreign shareholders stump up cash when VAH was bleeding.?.They didn't because they wanted Aus Govt to bail them out via taxpayers. .

Now our govt has forced them to act..Happy for that but sad for Aussie mums and dads holders who will inevitably probably lose their investment or the large majority of it .. but holding VAH knowing they had $5billion in debt was fraught with disaster.
drifta