Lautrec you fail to acknowledge that MAE has been in default for...

Lautrec

you fail to acknowledge that MAE has been in default for some time. TPG could have pulled the plug long ago but it did not. Why?

I can only assume that it is allowing management/Korda time to seek an alternative be it new finance or sale of assets. They could have taken ownership of the assets themselves I would imagine but did not at this stage.

So spare us your continued negative posts and let shareholders continue the ride and see what transpires. As once before we are in Korda's hands. They hold 19.9% of shares and 39% of options. They have a vested interest in a successful outcome.

Do you honestly believe that any company would share confidential documents/terms with shareholders re the agreement?