Ann: Sale of Northern and Southern Region Assets , page-8

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  1. 1,304 Posts.
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    re: Ann: Sale of Northern and Southern Region... The administrators are selling assets, generating cashflow but delaying activity reports. It does not make any sense.

    It should not be a complex process to give us a summary on
    - how much cash they have received
    - how much they have repaid to the creditors
    - how much they are still owing
    - how much they have burnt already.

    When it comes to relisting the companies this administrator doesn't have a great track record.
 
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