And it begins... Fin Review... AB is gone fore sure?, page-9

Waters, a trading halt crossed my mind too. This would seem like a typical situation warranting a halt.

The 1H. report note 2 states there is significant uncertainty whether the company can continue as a going concern if ECA lenders not negotiated successfully.

Given the above is material and the timeframe to a resolution relatively short (2-4 weeks) plus undoubted controversy surrounding the press going public with damaging allegations it would seem a trading halt is appropriate until the fate of ECA loan is known - the press allegations will undoubtedly tie in with negotiations rearding the waiver.

So Newsat board, get together today and/or tomorrow and draft a request for trading halt on ASX desk by 8:30am on Monday morning.