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Peter D · 04-24-06, 11:10 PM

Hi Ron,

I heard from one of the Oz bidders that the administrators were planning on announcing a decision regarding the sale within the next few days (although it will take a few weeks to get contracts sorted out, etc).

My understanding is that at least 2-3 of the bidders intend to re-start RF asap, & that the business will have to be relocated as a result of some problems with the previous lease.

My fingers & toes are all crossed for a re-start outcome, rather than an asset-stripping exercise !

Kind Regards,

Peter D.

04-24-06, 11:10 PM	#2 (permalink)
Peter D delaneyp Peter D Join Date: Sep 2001 Location: Sydney, Australia GT40: DRB #27 Posts: 1,230 Rep Power: 21	Re: RF Update 4/24/06 Hi Ron, I heard from one of the Oz bidders that the administrators were planning on announcing a decision regarding the sale within the next few days (although it will take a few weeks to get contracts sorted out, etc). My understanding is that at least 2-3 of the bidders intend to re-start RF asap, & that the business will have to be relocated as a result of some problems with the previous lease. My fingers & toes are all crossed for a re-start outcome, rather than an asset-stripping exercise ! Kind Regards, Peter D.