Quote Originally Posted by Vaygor1 View Post
Hi Percy.

I interpreted the 30th August announcement differently.

My interpretation of the announcement is that the initial partial settlement, no matter how big or small it is, either in magnitude (in it's own right) or weighting compared to the Directors' potential payout, casts no further light on the Liquidators final position. The announcement then paints a kind of (in my view) extreme scenario to help explain why.

It may well be that getting nothing out of the Directors will still provide copius quantities of fruit so long as the Liqidators dont blow screeds of money between now and when the final outcome with the Directors' case is determined.

I think a settlement prior to court is likely. The announcement stated the outcome would not likely be determined in this calender year, so agreement in Jan or early Feb next year remains a real possibility.
Agreed...............L