Scheme Arrangement, page-26

Excellent proforma statement of financial position by Grant62.
I have always thought the Australian core business was sustainable.
Ignoring the the article in Street Talk today I see 2 scenarios.
1. That somebody a hedge fund or perhaps some partners with powerful backing are seeking to take control of the company and reorganise completely by selling off brutally. This remote possibility and the result is that shareholders left with zero.
2, D4E Banks take control. Again SH's left with nothing. Seems more likely. I for one certainly not tempted to go back in.