is there something we are not being told, page-6

Hard to understand the extent of this trashed sp particularly as refinancing schedule apparently not onerous. The only thing I can put it down to is that the malls etc in the USA are possibly being smashed in terms of valuations and can the holders of MCWs debt call in the debt prematurely if valuations drop below a certain point?

The information disclosure is never sufficiently adequate to give a clear picture and if the relatively rosy picture painted for MCW was anywhere near correct why would shareholders dump the stock at these prices?

Shareholders accross the board worldwide are being let down badly but the EXECS still get paid millions even when they have bankrupted a company.