Ann: Market Update , page-29

'He said that the revelations had "scared" one prospective suitor away completely, and "in light of what's happened, you'd have to think that due diligence could take longer" for a second potential recapitalisation proposal.'

Read more: http://www.smh.com.au/business/hastie-suspends-employee-after-20m-irregularities-20120525-1z8os.html#ixzz1vqkvz9pL

im be waiting for further announcements before i jump the gun here about administration.

todays one makes it sounds like they are now just trying to get to the bottom of this at the moment. and are still working on recap number 2. but this will take longer.