sell the loan notes for cash to a buyer, negotiate a severance package and then let the buyer do their worst.
That would be the line taken by most lawyers or advisers.
The RNS this morning acknowledges the conflict of interest where it specifically refers to the "interests of the shareholders" - ie. as opposed to the interest of Sibley, Booth and the other loan note holders (who between them, if i remember, were all the original WTV concert party from the WTV side so they are at least connected).
The battle lines are being drawn. Who is going to buy this while it remains unresolved?
World Tele stock quotes
World Tele stock charts
Follow this thread
