Normal logic would suggest that the appointment of a new...

Normal logic would suggest that the appointment of a new director, especially one with connections to a well-performing company, would mean that the administrators/new management believe in the future of MIZ; however, normal logic is often shown not to apply to stocks and shares. All the same, one still has to assume that the administrators would not be countenancing any new appointment unless it was in the context of a successful rebirth, so we can only hope for the best I suppose. I wonder how those old con note holders will fare in any new set-up?