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novicedave - Fri, 22 Dec 06 :

fatnacker- basically the RA members are intending/hoping to 'steal' from the remaining shareholders, so that they get 100% and the remaining shareholders get (say) 40% in total from a recovery (after costs) worth 50%.

Personally I hope they get a settlement equal to the return to the rest of the shareholders- part of me wishes them to fail completely and get nothing, but then many of them don't really understand what they are doing; perhaps its the christmas spirit that makes me hope for an equal recovery for them and other shareholders (although the costs will still eat further into that recovery).

Merry Christmas to all.
ND

ps: I read this BB fairly regularly but don't post often- partly as I have no time for the inevitable arguments and partly as I have little to add (now the SoA has been passed there is little for shareholders to do apart from wait). Thanks to the regulars for the humour though, Esi and r33 in particular.


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