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Robin Shipston
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Recapitalisation or rescue? Although you disclose your connection to BIW I think think this posting is disappointingly misleading in that you completely fail to mention that BIW Tech's parent company and 100% registered shareholder BIW plc went into administration on 2 September. Perhaps you could fill in the missing details here and explain exactly what did happen. I for one am relieved that BIW was able to find funding in time to stabilise it as it's failure would have created great nervousness in the market place.
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