There were no qualified bids...had there been a bid it would have gone through as PwC controls not ENO. The monitors report said as much and said they didn’t receive a bid, clear as day.
I'm with you guy. The statement that Eno put out about "proceeding to liquidation...common certain to receive nothing" paraphrasing; just before opening bell Monday, may have been a swipe at all the negative comments about him in the commons.
Nice fairytale. Expect for the fact they never received any bids . All the talk about turning the bids down is just that .
During the completion of the due diligence process, Greenfield Global Inc. (“Greenfield”) and PTT Global Chemical Public Company Limited (“PTT GC”) (collectively, the “Qualified Bidders”) retracted themselves from the SISP. Therefore, the Monitor with the assistance of the Company’s management have outlined a liquidation plan