shareholders please dont rollover, page-123

I don't believe there is much we can do unfortunately. The judge will just think we were stupid for investing based on a commodity price that has been so weak, and they will just give it the rubber stamp. There will be no consideration for all of the BS shareholders have been fed along the way. Administrators know what they can get away with and they wouldn't be going ahead with it if they weren't confident. They have already threatened us with liquidation which they could quite easily do now without ramification now that we have been forewarned of the risk. Though forcing liquidation could potentially make bondholders and creditors bend towards a better deal...I can't imagine the fire sale would cover everyone's costs.

Admittedly we were wrong to take company announcements at face value. Shareholders never get the real story and ASIC never bother to investigate. As long as there is enough of us around to keep throwing money in and placing orders to keep the ASX in business, no one really cares.

Anyone that shows up in court to represent us would really need to know what they are talking about. It wouldn't hurt to submit evidence (which it seems there is plenty of)..but realistically I can't see the DOCA being delayed as it's already costing a fortune we don't have.

And I could bet my left testicle that the administrators are mates with the "independent" expert reviewers...it appears the whole thing was set up long before we saw it coming.