The spectre of VA would only come into play if all else fails....since when do we believe everything we read in the paper?
"These bids, from Saudi Arabian investor ACWA Power International and Bahrain-based Arcapita, were understood to be about $1.5bn and $1.85bn, respectively, substantially below the value of debts."
this is contradicted by other media reports... (couldn't be bothered even posting them..) refer Bloomberg.
AEJ Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held