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Sanctuary Group: Sink or Swim?

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handycam - Thu, 29 Dec 05 :

Dear Quotes,

I still don't understand how someone clever eneough to short this shambles would even bother to plonk some of the winnings on the same horse in the hope of an Ashtead-style recovery.

I would rather have VOG than SGP!

If you must participate int the fortune of Sanctuary, you would be wise to have a bigger bet in the reconstructed company. This worked for Marconi(initially) MY travel and Br. Energy. But as I have said before, the banks are now forced to take a shaircut as Evolution try to arrange replacement finance of #130m. If they are to suffer, then so too will the common stockholders and doubly so. They will not be giving them a cheque for #8m, I'm afraid.

Yours etc.,


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