r.i.p., page-13

Turville.. In answer..
1/ I too believ that chm will trade again..(As previously stated in post)
2/ I too think the recievership may be lifted, But obviously with the then prospect of legal action from the funder..(As Prviuosly state in post)
3/ I doubt an agrrement will be achieved with ILP as their terms are undoubtedly 60 to 70% (check the divide in Koh and Evans)thoughts of 20% are ludicrous, high risk case.. no funder would have considered less tha 50% in this case and chm were desperate and over a barrel so believ it is in vicinity of 60 to 70 %, probably why chm have never advised shareholders..
4/ You maybe don't understand the vagaries of corporate law applicable in this case....
Appeal process if required here will be to a single judge in the high court... and then if not satisfied again to the full bench of the high court...could be up to 2 years...