positive quarterly report, page-44

Given it is 6.5/6.6 currently, more likely to be a seller putting bid just below market, but yes I know when all is known this will be cheap levels for ADO. Given your knowledge of the company what do you think would be the level of cash on deposit that the ADO board would not want to fall below?

I wonder given the problems the chairman has had else where in his portfolio if he might be keen to see a reasonable buffer of cash on the balance sheet to make sure the company can ride through any 'delays' or disappointments'