Yeah thanks, I was about 99% sure this was the outcome, but it...

Yeah thanks, I was about 99% sure this was the outcome, but it seems a little unbelievable. The preference B shares were their one of their sources of funding, I believe they was discussion on here that they were potentially worth $11m SGD, which was going to be great because the debt was only $5m SGD. Now gone.

So after all this they get their own machine back with less rent to be paid back, then what was outstanding. You can't even call this a consolation prize.

As you say, they're going to probably need to source more funds.

Yeah, not good.