It's a realy backwards process that the bond holders if want to get any sort of control have to get a minimum to agree and it has to go from trustee to broker and back again. Also impossible for them to do anything.
It feels like they are just trying to buy time and see if anyone bites.
would not be suprised if they try and move debt around so Richardson is the biggest creditor if it does go in admin
The vultures are circling.
No way anyone is going to be able to clear the debts with a bid. Also they had weeks of being able to do that before going down to the wire.
This once again feels like a PR move. very similar to the last few days of wasps