sipper26 May 2010 16:47
I agree, theres no way a) the regulator will allow all them pensioners, some 20,000 of them to lose everything and b) the sp would still be relatively decent and holding up at these levels if there was serious doubt. you have to remember the sp was about 2p about 2years ago and that was before the sale of the european assets and the reduction in the debts of the company.