RE: If just gets worse and worse.13 Aug 2024 20:08
If a form of pre-pack is being planned then the administrators will not be returning any cash to shareholders. The company will be sold for £1.00. The sales of the assets could have many forms. A company taking on liabilities and Jobs. There should be an RNS soon informing all shareholders of the matters and highlighting that there is little of any value remaining in the shares. The company will certainly survive in some form. The ownership changes, that is all. No one should expect any return. The shares are now worth zero and will not come out of suspension.