so what happens now?, page-8

Sorry to rain on everyones parade

But you have been well and truly rogered

As expected WM Capital / Conti will buy the company for the amount of debt, leaving shareholders with nothing

I imagine that Goldman would probably be paid a bonus for securing the company so cheaply

Still not sure how VA can occur when a cap rasiing wasn't attempted when the last one was heavily oversubscribed.

Very fishy.. lets see what the plods as ASIC will do when presented with this.