Beardy, Arrium may well relish as long as the other divisions...

Beardy, Arrium may well relish as long as the other divisions are not sold to overseas investors.
If it were to relish, it would not take on its past model, so past shareholders would then move into a new current model, and this would mean huge dilution..because there would be a huge recapitalization needed....it's sad but that is the reality as creditors are lining up for their cut as are administrators etc...
I'd say it's better to move on and grieve rather than hang on in hope...I'd say there could be an announcement by administrators soon saying that shareholders can claim a complete capital loss for the financial year on their shares...I sincerely hope I am wrong but I was right on the administration and see no reason why I will not be right now...