this company isn't in administration by this time next year or bought over I will be surprised, latter preferred as am sub £40k and want at least some money back!! Totally hacked off and would sell up if it wasn't for the loss, down to the level where what is left is worth hanging in on the hope that something positive does materialises. Hope all is well with other long term holders here
Sorry to hear that Gary on CHL. Been there and for me this year has been a bad year on a few shares for me as well. i'm hoping frr will come up with something good as even Reliables like sou are struggling at the moment for me.
The court case goings on is all a bit odd. We will just have to wait and see it does look like some kind of deal is being thrashed out but as you've just seen with CHL going to law is a risky road to travel. The adversary case is being promoted by FRR. The chapter 7 is in the hands of the trustee they are responsible for the estate and it's creditors not frr. That may explain the contradiction. It's possible for the chapter 7 to go through as a no asset case and the adversary to be settled out of court I would think. The issue might be the legal fees. The trustee in this case has engaged no win no fee lawyers and I would imagine a no asset case is not what they had in mind!
LL Agree that FRR has not proved anything and don't expect GG to be behind anything until confirmed.But it does surprise me that there is not mention of FRR when these other developments occur. It is 1year in Feb when SN met GK with comments of "great future" and yet we seemed to have made little progress.Equally why would SN still be pouring money in here if it was a POS. Intriguing as ever
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