Sorry for your losses guys as others have stated I have been/still in the same position with other stocks. Asset sales will likely result but I very much doubt you will get more than a few million for them if that, especially in light of the fact that you are now in administration and are a VERY distressed seller. Any lofty values based on perceived value in the ground can be ignored as in no way shape or form will the asset be sold for any value close to that.
Good luck. Oh and in general I wouldn't waste my time with any class action as other than extreme cases you won't get anywhere and even if you do have a case and by some miracle come out a winner (years down the track, and many hundreds of thousands of dollars in legal expenses) there will be no money to extract from the company anyway.
TON Price at posting:
6.1¢ Sentiment: None Disclosure: Not Held
