recapitisation - mid 2011 - what the...

i think i might make some inquiries with our firends(???) at ernst & young to ask if we can see some updated financials.

I have this bad feeling that what ever may be left of this company is simply going to be bled out by the liquidators.

Whilst they can't declare a tax announcement yet, i get the feeling it's just postponing the inevitable, and there's probably a few bucks left in the coffin for e&y to suck out before it gets buried.

All very sad. I will NEVER take a holding in a company that does business with Glencore, ever.

Cheers,
Mac