8million us back , page-6

Thanks, EWL

Thaat does make sense and does sound good for QAD.

So essentially, QAD's investment in Iridium is now free-carried and QAD no longer has to play lender of more money to Iridium should Iridium find itself with no banker friends and yet need a lot of money for some reason.

That does sound like a big psychological burden lifted off QAD's shoulders.

it's a pity QAD cant make its new ventures sound more interesting.

Do you think QAD is still keen to sell its Iridium holding. I wonder what a 6.35% holding is worth in australian dollars today?

Cheers Anne