The newcourt scenario was - apparent big asset value. Big debt. Bod deliberately didn't pay it. Company went into admin and everything got sold for a song. Theory was that bod would try to buy it back for peanuts but they got stung!
As you say probably the Action Group doing us a favour. This happened with NEW when I held there. If I remember rightly the sp went from 0.6 to over 0.1 when they got their people on the board. You will have to check it out yourself but I know it dragged on for months. This is only the start and certainly going to get more intriguing as the days roll on. Obviously a lot going on behind the scenes which we are not aware of . Seems to be a news blackout / no communication from SC because in 'normal' circumstances he would have replied to my emails / phone calls. One last thing to say is don't underestimate the man as he is no fool. Enjoy your w/e and speak n/week.
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