I notice there is an announcement today not in Hotcopper pushing...

I notice there is an announcement today not in Hotcopper pushing the DOCA out to 31st Aug.
Went searching another forum and found this compliments of AussieJeff in AussieSF.

"Just phoned Ferrier Hodgson to find out the latest twist in the ongoing VRE saga, as I would have liked to write this pile of steaming *$hite* off this FY.

However, the current status as spoken to me by phone:

- The buyer (undisclosed) has not yet decided whether to liquidate or re-list. Of course, shareholdings remain frozen till then. *Grrr*

- Ferrier Hodgson are "pushing" the buyer for a final decision to be made by the end of July, but have not yet received any response (no surprise given how long this puppy has been dragging on...) *Grrr*

- It looks at this stage that un-secured creditors (ie small shareholders) appear unlikely to have any value attached to their holdings. Ferrier Hodgson spokesman says it is up to the buyer as to whether they will provide any "value" for current shareholders but at this stage appears unlikely. *Grrr*

So, there you have it.

Another month.

At least.

*Grrr*"