This is just a cover-up. They didn't want the administrators in because the administrators would go through the books doing a proper Audit and all their dirty little secrets would have come out and we would all have learnt what decisions were made by whom and for what reasons and who was the puppet master.
The refinancing will go ahead not because it's in the Companies or shareholders best interest but because it is in the best interest of the current Directors and senior management and the fella who has the most influence over them. It will keep their dirty little secrets hidden for a bit longer.
I don't want to come across all biblical and that but their day of reckoning will come.
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