Ann: Appointment of Voluntary Administrators, page-194

I can't believe that initially the auditor, then the consultant and now the VA have not all taken into account such things and here we are in VA .
Realtek a late decision - you might want to interrogate the people who have told you that if you haven't invented it as if you believe it was al roses and champagne I don't believe it - Realtek had a bloke inside NUH so they have seen this coming for a long time. They know production and also competions sales numbers through industry publications and their own resources . They know if the IP for the new chip and it's performance is competitive and teh exact price point their clients will pay along with teh time to develop a product or rework existing , interegation time , productions , marketing, demand . They have it all.

Ask yourself with only a couple of months interest on payback or back when they raised why they didn't borrow against rebate .

Look at the timing of last raising and then safe harbour and reassess