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A Government-appointed valuer subsequently said the bank was worthless when it was nationalised, meaning Northern Rock shares had zero value and shareholders should get nothing in compensation The Northern Rock Small Shareholder Action Group has been fighting this ever since.
While they accept that there is a risk that share value can go down as well as up, they say that the zero valuation was based on the “false assumption” that Northern Rock was in administration.
“We didn’t come all this bloody way not to climb Ayers Rock,” huffs a young teenage girl behind me. She reminds me a bit of myself at that age, having coerced my younger brother into performing all manner of risky stunts alongside me as children.” Sammy says as we tuck into a plate of barbecued maku (witchetty grubs) on a cultural tour of Anangu Country. And it’s not like there’s nothing else to do out here.Amid the dozens of other activity options on offer, Bruce Munro’s epic Field of Light exhibition was recently extended until the end of March 2018, and several new tours have already been launched this year.If you weren’t aware of the cultural implications of climbing Uluru before, they are difficult to ignore when you visit, given they are now plastered around Ayers Rock Resort and communicated by rangers and guides who lead tours in Uluru-Kata Tjuta National Park.Even if you miss those hints, it’s impossible to miss the huge signboard at the base of the climb.
Why others would rather snap a selfie on top of Uluru than respect the wishes of its guardians is beyond me. Seit Outback Australia (au) runs seven-hour guided tours of Uluru for A$280 (£172) per person, including afternoon tea and sunset drinks and appetisers.