A deal is very close25 Jul 2006 17:24
ETL. It has been announced today, surprise surprise, that a deal to restructure 6Bns of debt is near. Does this come as a surprise? NO, this deal was struck months ago between UK/EU and Brussels. No way would a deal been in any doubt, but at a price, the cost paid by ordinary shareholders, but one the shares are re-listed the price will rocket, just like JARVIS did. It is such a pity the shares are suspended, the French asked for creditor protection the Brits were quite happy to let the shares ttrade. Cest la vie I am locked in rubbing my hands for a decent and dignified re-listing in the future.