“Let's sell it at a low-ball offer” until the secured creditors would instruct us to stop the sale or with a new clear acceptable lowest price. The liquidators have a duty and only duty to do whatever their customers want.
We can complain but it could not change anything. What/who could change the course?
1. Enough number of Secured creditors.
2. Big enough number of non secured creditors.
3. Big shareholders who would like to pay for the course change.
4. All above need surprised np shooting up and show the probability to get much more.
The sale was due to a great disappointment about the np future. The course change have to be due to great expectation about the np prospect. If you put your house in a auction on fire(in a house market crash), what could make you change your mind? A bull market and you have money to hold!
1. Where is the bull?
2. Where is your money?
3. Do you have the bull and money to save MBN?
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
