Genibottle, I completely understand where you are coming from....

Genibottle, I completely understand where you are coming from. Just a couple of things though which have been brought up over and over again.

Why did the company do a deal with the banks, even if it is at 20% p.a. instead of going into VA? (Possibly so the management can line their own pockets over the next couple of years???).

Why is the management sympathetic to the banks but not the noteholders?

Is there any real reason for BNB to basically take the line of action that they have?

Why are BNB management making noteholders vote on this deal prior to a half yearly report, or independant evaluation being carried out?

I don't really have a problem with losing my cash, however, I think the banks and management should go down with me instead of significantly benefitting at the expense of me going down, which is ethically and morally wrong (even if this appears to be a more regular occurence in the stock markets around the world nowadays)