dunstan on scrap heap , page-18

good question srv............... i believe the company (BVA) has tried to verbal the liquidator into releasing their stock....... they seem to imply that the directors in question would like to pay out their loans and get their stock back.......... but according to asx data, the shares are owned by merrill........... which seems very strange given they have recouped all their losses and can walk away from lift (& Opes) with only some internal sackings probably and a small lump of salt to swallow in the case of Opes....... certainly Merrill has been far smarter and more aggressive than anz in recouping $$$............... but let's focus on the liquidator for a sec....... he wants to cover his a## and look a tough guy by getting 70c in $ rather than 50c so he may try to get the stock back without ironbridge or directors getting their mitts on it......... it's right out of dr who frankly.............. I do think it will all unravel faster than Sep 08 when Ironbridge's offer lapses.......