19 no's, page-13

i stand corrected.

TPG and others who have bought the debt from the banks, are likely to be sitting on a profit.

I still think 15-20cents is fantasy, and i still think there is a risk that one of the creditors could get fed up by a shareholder revolt (however small a chance).

I agree that no one wants to see AEJ in Administration, and I agree management have been dreadful.

I think the crux of my argument is that i'd rather something certain now, than the potential for something slightly better in the future (I'd rather get my 10cents now and reinvest it elsewhere, than hang around for another 12months on the chance that I might just to get an extra couple of cents)