Fandango , yes tough titties with this little 40 million dollar fiasco .I would sell at a cent ( that is if I owned them) because all that will likely happen now is redundancies , director fees & superanuation provisionings will take care of anything left .As far as creditors go , the only way of avoiding paying them would be to place it in administation .Creditors will be ahead of the shareholders- who will no doubt will get squat all -as per usual . But watch with interest who picks up the mill in a fire firesale(because it is well located) - NOW THAT WILL BE INTERESTING!
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