sale of assets

Given recent announcements and half yearly report does the following sound right:

NTA per unit 66c
Gearing at 62.4% = debt per unit of 41.18c
Leaves shareholder equity of 24.8c per unit
Unit price (1/4/09) = 6.0c

Potential maximum upside on sale of assets per unit relative to current unit price (assume sale upper limit is the NTA amount) = 18.8c, being 24.8c equity less 6c current unit market price, or 313%

This is quickly eroded if sale of assets is less than currently stated NTA. I work out that if assets are sold at 71.5% of current NTA then that leaves NO upside based on current unit price...(i.e. assets sold at 47.2c per unit, less 41.18c debt repaid = 6c left for unit holders which is the current unit price).

Question is - what can the assets be sold for in current market climate?

Will MIX have to offer up to 28.5% disc to NTA to sell assets? If too negative, what do you reckon the disc may be?

At what prices would Directors abandon asset and return to business as usual?

Your thoughts would be appreciated...