RE:RE:RE:RE:RE:RE:so it is your positionMeetoo - This is not what I referred to as a non binary outcome - (as you are fully aware).
You once again changed the goalposts in your puerile quest for intellectual superiority.
There could be many outcomes to this restructuring process - including the proposed rights issue - that makes sense for unsecured note holders. CCAA is yet another distinct and increasingly likely possibility. What is clear is that your prognostications about a "done deal" back in October were absolutely ridiculous.
Grow up - I am sure you are still highly regarded at some parochial private school for privileged children who are never wrong........... No doubt back in the day - they made you a prefect!