I take your point muss, but given that ASOF dealt the shareholders back in to the picture again (and aren't we ungrateful it seems), perhaps we need to be accorded rights (again). I doubt that you could invite the shareholders back on board for your own interests but then decline to give them anything - which is what ASOF appear intent on doing.
I was impressed with your encapsulation of the woes of mst (to giddy) but I don't think the last point entirely fair. Shareholders fell in behind a lot of the board's decisions - but yes, sure, the company could (should) have been put into admin much earlier.
However, given that it wasn't put into admin, and given that the directors continued to look down every avenue to keep the company going (because, I think, they believed it was a goer), your final point looks a tad unfair - if they believed that funds were forthcoming from the Luxinvest deal (even in the final moments), why wouldn't they have made an interest payment?
Surely that cannot be held against them - directors are supposed to make reasonable efforts, they are not expected to have perfect foresight - we wouldn't have a secondary market in about 5 minutes flat if perfect foresight were expected.
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