worried about what ?--and further more, page-33

Boldo,

Sometimes in these cases the facts are a little hard to determine.

I believe you when you say your loan is ONLY secured by the investment in the MIS projects.
And I am sure that also applies to others

Equally BEN management has said the loans are secured by assets OTHER THAN the projects themselves

So the truth is there is probably a mixture of securities for the loans with different individual borrowers.


I also thought many of these loans were with the Adelaide bank under the then CEO Jamie McPhee, long before the merger.
This would have been well before Gt Southern went pear shaped.
BEN therefore inherited some, if no all of these loans with the merger.

No matter how this pans out, imo BEN should never have got involved in the first place with Bank of Adelaide or Gt Southern
But that's history !