RE: Coverage Was last week's update directed to shareholders, creditors or both. If the company is dead why bother. Why rub it in before it's absolutely necessary? The creditors will get their money or portions thereof. As for Shareholders ,,,oh well. Tough luck.
"owing to Futura's unsecured creditors" this part of a sentence appears to be addressed to shareholders. Because of the timing and wording of the update, I view the NR as a positive, as if the company will survive. But it's too early to say for sure.