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8th Sep 2008, 14:21

#3 (permalink)

WhinerLiner

Join Date: Apr 2007

Location: Pretoria

Age: 52

Posts: 140

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"give his shares away for free rather than see the company being closed down by Imperial"

Sure he wouldn't give them away if they were worth anything. Shareholders equity at or below zero is pretty much the definition of insolvency.

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