I have been following all the announcements that have been...

I have been following all the announcements that have been coming out. What has to be understood is that it is still in volunatary administration. The administrators have said in their latest announcement before christmas that they are in alot better position than they could have imagined and are in the process on getting the new ABC Learning up and running. I read into this as getting the nonprofitable centres sold and move into stabilising the company to continue trading. Yes the share price my be very low if it does come back on. But what also has to kept in mind is that there is alot of large institutional investors in this company who surprisingly are also lenders. I really do not think that they would like to take a double hit on losses. I see loans renegotiated and the company relisted some time in the next 6 months.

NOTE THIS IS ONLY MY VIEW GATHERED FROM MY OWN INFORMATION.