Lee Hick Post

meme - one's thoughts on the future are either personal opinion or prediction/guesswork etc - never Fact.

StevieDee's quoting what he had previously said/written down correctly is Fact - no 'we shall see' about it!

Consortia....great name for a racehorse!

Cumalot NJS...............nice name buddy

no no no hw, its came- a- lot....

Oh right Harj.............past tense

njs - camelot's a big step back from dancing brave

I only do big steps, Joe!

Having gone through a couple of sale processes, I can say that trading carries on throughout negotiations. All players are on the books as assetts, so if assets are sold the cash generated goes into the P&L account. Assets brought in see the P&L account debited but entered onto the asset register with a value against it. So its a bit swings and roundabouts, but the valueation of the business would be based upon an audit of final accounts on an agreed day. The nuts and bolts is already done, its just a final verification and takes a few minutes. A business cannot be left floundering whilst negotiations take place, as the business could fail in a huge way unless you carry on trading as normal.