Ann: Company Update , page-13

This is very nice of the company to warn shareholders they are close to administration. I really cant understand who would have a bid offer with todays news.

There overall debt is very large, if assets are now worth a lot less in this market the banks are very likely to wind the company up and salvage as much of their loans as possible

I would be selling - 7.7 cents is better than nothing, at least one ca invest in a another stock at similar prices and hopes it goes up. could be wrong but i think the probability of an administration announcement is very high