new directors, page-18

Timber1956

Theseare not my numbers, they are the numbers that were generated by the independant expert during the Alinta goings on.

The reality is that the business is only worth what soemone is willing to pay for it and at the time alinta were trying to sell the asset nobody was prepared to buy the asset above the debt which woudl value our shares at $0.

Now the option is that we hold on and run the business as a going concern, pay down the debt over the next 5 years and then be in a position to generate dividends, or recapitalise the business to provide some flexibility for magament to drive greater profitability. Or the final option is to get soemone to buy the business as close to a going concern basis as possible.