trading halt, page-2

First thing the receivers will want to do is sell the shares - question is how many and how quickly?

The fact that they have called a trading halt can't be good - significant % of register affected. Hopefully they will start off-market negotiations with buyers to engineer an orderly sale. This jittery market will panic if there is a risk of shares being dumped on the market. Opportunities for those waiting to pounce, more heartache for those that have been gritting their teeth for so long with this one....

Net assets of $0.80 per share...