LZA,
This is a joke!
The administrators are in no rush as they have a fee generating opportunity, so why rush. the business was paying down debt the problem was getting the lenders to commit to long term funding.
The administrators had worked for the banks on AEJ before and new the business well so when they made the bold statement that they would resolve the long term structure quickly i was feeling confident. they made this public at the time. We have heard boo and they have told the board nothing!
How can administrators be held account and how can we as shareholders actually do anything? who do we complain to?
when are we going to get an update?, page-2
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